All Gap articles – Page 11
-
News
Gap to enter India
Gap has revived plans to enter the Indian market, according to the local press.Ron Young, senior vice-president of Gap International Strategic Alliances, was recently in the country, suggesting that the company is making preliminary moves to set up shop in India.Gap’s team has sounded out prominent Indian apparel makers including ...
-
News
Gap posts £2.2bn Q1 sales
Gap has posted net sales of $3.33bn (£2.2bn) in its first quarter, a rise of 6% on the same period last year. Like-for-like sales increased 4% and net income rocketed 40% to $302m (£200m).Chairman and chief executive Glenn Murphy said: “Fuelled by our strengthened economic model, we are in a ...
-
NewsGap reports flat year-on-year sales for April
Gap has reported flat year-on-year sales of $1.05bn (£727m) for the four weeks to May 1.
-
NewsWeaker April sales round off stronger first quarter at Gap
Gap sales fell in April after a more positive first quarter where sales grew 6% to $3.3bn (£2.2bn) and like-for-like sales lifted 4% in the three months to May1.
-
AnalysisEBay’s bid to conquer fashion
With a dedicated and revamped area, fashion marks eBay’s next big push into the fixed-price arena, but will customers take to the shift in focus and will it succeed in a crowded market
-
NewsGap sales continue to grow
Gap sales have continued to improve both in the US and internationally with like-for-like sales in March ahead 11% across the group compared to an 8% fall for the same month last year.
-
News
Gap to open first Italian store in Milan
Gap is to open its first Italian store in Milan this year, with another planned for Rome next year.The retailer will open Gap and Banana Republic stores side by side on Corso Vittorio Emanuele in Milan’s shopping district; the exact launch date has yet to be revealed. Each of the ...
-
NewsGap reveals online plans and plots entry into Italy
Gap has confirmed plans to bring a direct ecommerce offer for both its eponymous fascia and Banana Republic to the UK later this year.
-
AnalysisBusiness sales: retail makeover tactics
After a year when retailers often got the cold shoulder, both private equity and IPO activity in the sector is picking up. Joanna Perry examines the makeover tactics retailers use to encourage a sale
-
NewsLike-for-like sales rise across all of Gap's brands in January
American fashion giant Gap said sales in January began to gain momentum, up 5% to $798m (£506m) for the month.
-
News
Target sales up 1.8%
Retailers’ sales for the festive period were boosted by last-minute shopping and reduced pre-Christmas discounting, thanks to tighter management of inventories in the run-up to the holidays.Like-for-like sales at discounter Target rose 1.8% year on year; fashion giant Gap’s like-for-likes were up 1%, including a 7% rise at its cheaper ...
-
NewsGap sales improve for Christmas
Gap enjoyed a stronger Christmas this year with group like-for-like sales ahead 2% in the five weeks to January 2 compared to a drop of 14% for December 2008.
-
AnalysisAsian markets beckon for crunch-hit fashion players
Slowed consumer spending in their recession-hit home markets has led the world’s largest fashion retailers to pursue Asia for growth. Retailers such as Inditex, H&M and Gap are now finding more fertile grounds for expansion in the region, where the effects of the economic downturn have been much less severe.
-
NewsGap like-for-like sales flat in November
Gap said that comparable store sales across its group were flat for the four weeks to November 28, compared with a decrease of 10% in November last year.
-
-
News
Gap profits rocketed 25% in its third quarter
Gap profits rocketed 25% in its third quarter, helped by growing sales at its Old Navy fascia.Total sales rose 1% to $3.59bn (£2.17bn) for the quarter to October 31. Like-for-like sales at Old Navy were up 10% against an 18% fall the year before.The fashion retailer is focused on gaining ...
-
NewsGap profits up 25%
Gap profits grew 25% in its third quarter helped by growing sales at its Old Navy fascia.
-
AnalysisHow US retailers can crack the UK market
As Victoria’s Secret becomes the latest US retail giant to focus on the UK, Lisa Berwin asks what the attraction is and how they can crack the market.
-
OpinionAmericans in London
Look at the tenant list for Regent Street and you have to wonder what’s happening. Why do American retailers making landfall in the UK seem to view this single London street as the most obvious destination to set up shop?
-
NewsGap sales beat expectations
Sales for US fashion giant Gap beat expectations in October up 5% on last year to $1.14bn (£70m).