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Reliance Retail opens a Gap store in Pune

Located at Amanora Mall, Hadapsar, it is the third store of the brand in the city Mumbai: Reliance Retail has opened global clothing and accessories retail brand Gap in Pune, an official working on the brand in the country announced...

Reliance Retail exploring a tie up with US brand Old Navy

If the talks fructify, Old Navy would be the second brand from Gap’s stable to join forces with Reliance Retail New Delhi: Reliance Retail is exploring possibilities to bring Old Navy, a brand owned by US fashion group Gap Inc., to...

Gap opens its third stand-alone store in India

The new outlet is situated at Sharth City Mall, Hitec City, Kondapur, Hyderabad Bengaluru: Global clothing and accessories retail chain Gap Inc. opens its third stand-alone outlet in India in Hyderabad, a company official announced in a social media post. The new Gap store...

Simon Property sues Gap over unpaid rent

Simon Property Group is suing Gap as the fashion retailer failed to pay more than US$ 65.9 million in rent and other charges due during the coronavirus pandemic. In late April, Gap stopped paying rent on its temporarily shuttered stores,...

Gap Inc. becomes thredUP's largest clean out distribution partner to date

Gap Inc. announced a partnership with thredUP, the world’s largest fashion resale platform, to encourage customers to turn in secondhand clothes in exchange for shopping credit to be redeemed at Gap, Banana Republic, Athleta, or Janie and Jack. Gap Inc....

Banana Republic introduces rental subscription service for women

Banana Republic has launched, Style Passport, an online subscription service that provides unlimited access to its women’s apparel collection. The brand will roll out the service at the end of September to customers in the United States, with the...

Gap Inc. announces plan to separate into two independent publicly traded companies

Gap Inc. has announced plans to create two independent publicly traded companies: Old Navy, a category-leader in family apparel, and a yet-to-be-named company, which will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix and Hill City. Gap Inc....

Gap to open 60 new Old Navy stores

Gap has announced plans to open 60 new Old Navy stores in 2018. The company also plans to remodel about 150 existing stores, including upgrades to bathrooms, fitting rooms and checkout areas. Ten percent of these stores will undergo a...

Gap to shutter 65 stores owing to sluggish demand

Gap Inc, which is struggling to keep its head above troubled waters, has decided to shut 65 stores, as opposed to the previous number of 50 stores. The company's shares fell 4.9 percent to $29.21 on Thursday. The ailing apparel retailer...

Steepest decline for UK fashion market since 2009: Kantar Report

The British fashion market has witnessed its steepest decline since 2009, according to the latest figures from Kantar Worldpanel. Data to the 52 weeks ending 25 September 2016 revealed that the market has now seen four months of consecutive...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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