All Gap articles – Page 7
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News
Gap posts level profits on the year
Clothing retailer Gap posted first-quarter profit unchanged on the prior year at $233m (£147.6m). It results from higher like-for-like sales in North America but weakness abroad and a rise in operating expenses. In 2011, Gap suffered a profits slide every quarter, attributed to key trend misses over the past few ...
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News
Banana Republic may launch in Australia
Gap-owned fashion retailer Banana Republic may launch in Australia, it has been reported. Local operator Busbrand is in talks for the licence for the brand. “It’s early days but we’re very excited,” says Busbrand chief executive Andrew Bousie.Busbrands operates three Gap stores in Australia and as well as fashion chains ...
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AnalysisH&M’s brand new approach
The fashion giant’s plan for a new premium fascia will open the door to a broader customer base.
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NewsTop retailers commit to London clean-up ahead of Olympics
Gap, Topshop, House of Fraser and John Lewis are among the first retailers to commit to sprucing up the West End in time for the Olympics.
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AnalysisInditex to invest £795m in 500 new stores worldwide
On the back of strong 2011 results, Spanish clothing retailer Inditex has revealed capital expenditure of around E950m (£795m) for 2012 as the retailer plans to open about 500 new stores across the globe to take its total past 6,000.
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News
Gap opens its first store in Panama
Fashion retailer Gap has opened its first stores in Panama and plans to expand into Colombia, Uruguay and Peru as it increases its presence in Latin America over the next two years.The retailer opened one Gap store and a Banana Republic shop in Panama City, marking its first locations in ...
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AnalysisPinterest: What do retailers need to know?
The image-based social media site allows retailers to build their online brand presence.
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News
Gap to focus on ecommerce operations
Gap will focus on ecommerce, m-commerce and its international operations to drive growth in 2012. With direct (ecommerce) and international divisions together representing 26% of the fashion retailer’s total net sales, Gap plans to invest in ecommerce and m-commerce and develop a global IT platform to support its international operations.While ...
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AnalysisDesigner outlets: Design of the times
Designer outlets have been a standout success during the downturn but with the UK being Europe’s most mature market, the sector is having to evolve to meet consumer requirements. Mark Faithfull reports.
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NewsGap poaches Uniqlo merchandising boss
Uniqlo merchandising boss Liz Meltzer has been poached by fashion giant Gap to oversee its internationally merchandising.
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NewsTesco expands international technology for F&F
Tesco has signed a technology deal to support the expansion of its F&F brand international.
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AnalysisGap has its sights set on Europe for future growth
US clothing retailer Gap is confident it can weather the fallout from Europe’s sovereign debt crisis.
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News
Gap launches flagship Hong Kong store
Gap has launched its first flagship in Hong Kong, the fashion retailer’s ninth store in Greater China. The shop spans more than 15,000 sq ft over four floors on Queen’s Road in Hong Kong’s Central District. In addition to Hong Kong, the company will open stores in Shanghai, Hangzhou and ...
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AnalysisIndia’s historic reforms will draw international players
The Indian cabinet has passed the bill on foreign direct investment (FDI) and agreed to allow 51% holdings in multi-brand and 100% in single-brand retail, making it one of the biggest economic reforms in the country’s history.
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NewsMega Monday sparks battle for festive spend
Retailers have kick-started the race for online Christmas spend this week with a raft of offers as they capitalise on Mega Monday, traditionally the busiest day of the year for etailers.
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NewsFashion retailers set to sign up to Wembley City
Several key fashion retailers are on the verge of signing up to a new designer outlet in Wembley.
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News
US clothing retailer Gap accelerates China expansion
US clothing retailer GAP has announced that it expects China to become a $1bn (£623m) business in three to four years as the company accelerates expansion there. Gap aims to grow its store network to 15 by the end of this year, including opening its first outlet in Hong Kong. ...
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News
Gap opens first Polish store
US clothing retailer Gap has opened its first store in Poland in Warsaw with franchise partner Ultimate Fashion. The store is located in the Arkadia shopping mall. Gap is planning to open stores in other Polish cities in the country during 2012, including Katowice, Krakow and Wroclaw, and plans to ...
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News
Gap announces plans to shut a fifth of its stores
Fashion retailer Gap has announced that it plans to shut more than a fifth of its Gap stores in North America over the next two years. The retailer recognised that it had expanded to such an extent that the US market became oversaturated with its stores. As a result, Gap ...
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GalleryThe streets of San Francisco
A small area in the centre of San Francisco has all of the major US brands that characterise the country’s retail activity. They are also where US retail puts its best West Coast foot forward. By John Ryan