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Gap to shut all Banana Republic stores in Britain

Gap is to close all its Banana Republic stores in the UK as the ailing fashion retailer focuses on North America to revive its sales. The company said it expected to close the majority of the eight UK stores by...

Gap Inc posts 47 pc drop in Q1, to shut down 75 stores

On Thursday, Gap Inc. announced that it was shutting down 75 Old Navy and Banana Republic stores, and redirect focus on more successful and profitable stores. The company said in a statement that of the 75 stores, 53 were...

Gap sales slide in April, retailer gives grim outlook

US-based clothing supergiant Gap Inc says that sales in April at established stores fell 7 per cent, with total sales declining as well. The San Francisco-based retailer said on Monday that it is looking for ways to be more efficient...

Banana Republic to open first store in India

Banana Republic, the American clothing and accessories retailer owned by Gap Inc., will soon open its store in India. It will be their first store in the country and the brand has entered into a tie up with Arvind Retail...

Gap Ahead of its Competitors

The teen fashion market is at the best, a fickle one, this choosy demographic easily changing its preferences in an unpredictable way. This means that companies operating in the space must be very much in touch with their customers...

Gap to open its first stores in Africa

Clothing retailer Gap Inc will enter Africa this year, as part of an ongoing international push, with plans to open stores in Egypt and Morocco. The company plans to open its first Gap store in Egypt next month and...

Gap Inc announces management changes

Gap Inc, one of the leading global specialty retailer offering clothing, accessories, and personal care products under the Gap, Banana Republic, Old Navy, Piperlime, and Athleta brands, has announced a series of significant management and organisational changes to drive...

Gap flagship store opens in Milan

Gap Inc has launched its first Gap flagship store in Italy – one of the top five apparel markets in the world. Located on Corso Vittorio Emanuele in Milan's premier shopping district, spanning three floors and 25,500 sq.ft, the...

After rival Zara, Gap in India too?

American fashion retailer Gap Inc has renewed interest for a possible foray into India`s speciality clothing market with a business development team from the $14-billion giant visiting several domestic corporates with presence in lifestyle retailing. The development comes after...

THE LOOT

There’s no discounting thisStarted in the year 2004 as a ‘value retail' format, The Loot today has successfully set up 25 outlets across India, including in tier II cities. Recently, the retail chain launched a store each in Jabalpur...
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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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