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The global fashion business journal

Apr 8, 20207:09pm

Gap

Gap

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Gap was founded in 1969 by Donald Fisher and Doris F. Fisher in San Francisco. The group is the owner of Gap, Banana Republic, Old Navy, Hill City and Athleta. The founding family is still connected to the company owning a majority stake.

h By MDS
Mar 18, 2020 — 4:43pm
Gap closes all of its stores in North America over pandemic

Gap announced that starting tomorrow all of its stores in North America will be closed. So far, Macy’s, Kering, Nike or Hudson’s Bay, among others, have also taken the equivalent measures. 

h By MDS
Mar 13, 2020 — 10:13am
Gap contemplates the closure of its flagship stores in Times Square
The American fashion retailer chain is studying the possibility of renting emblematic stores of its chains to third parties. 
h By MDS
Mar 13, 2020 — 9:52am
Coronavirus: Gap expects $100 million impact on sales in Q1
The company states that it is not currently possible to provide a reasonable estimate beyond the first quarter. 
h By mds
Nov 22, 2019 — 8:19am

The company expects to end its fiscal year with a single digit drop in sales. In the third quarter, the company’s sales were 3.9 billion dollars.  

h By mds
Nov 8, 2019 — 8:46am

Art Peck leaves office as president and chief executive officer of the fourth largest fashion retailer. Robert J. Fisher, son of the founders, relieves him on an interim basis.

 

h By mds
Nov 4, 2019 — 7:05pm

The American fashion retailer plans to make several store openings in 2020. Its childrenswear line is already sold thought their ecommerce.

h By Mds
Sep 25, 2019 — 4:00pm

The fashion retailer has appointed Mary Beth Laughton as president and CEO of the sportswear chain. She will take the role at the end of October.

h By Mds
Sep 2, 2019 — 6:23pm

The American retail giant, that operated in the country until 2016, has opened a new store in the capital of the country.

h By Mds
Aug 23, 2019 — 5:13pm

The American giant closed the first half of its fiscal year, ended August 3rd, with a net benefit of 7.7 billion dollars, and sales for 395 million dollars.

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