In a presentation to shareholders at its annual investor meeting on Wednesday, Gap CEO Glenn Murphy outlined growth initiatives that include taking Old Navy international via a franchising route, and expanding on its online programs.
By Peter Burgoyne, CBX
Gap Inc. is bringing several of its divisions under the leadership of one executive in order to fuel long-term growth.
Gap Inc.’s Piperlime banner has opened its first full-scale retail location -- at 121 Wooster St. in the SoHo neighborhood of New York City.
Online retailer Piperlime, a division of Gap Inc., will open its first retail store this fall, in the SoHo neighborhood of New York City.
Gap Inc. has named Jill Stanton to the newly-created role as creative advisor for Old Navy, and Liz Meltzer as senior VP of Gap International Merchandising.
Gap Inc. announced the opening of its first Banana Republic store in France, located in Paris on Avenue des Champs Élysées.
Gap reaffirmed the company’s commitment to reducing square footage at home while aggressively growing its online revenue and international presence during a presentation to investors in New York City.
Gap said Wednesday it will advance its expansion in Latin America with new store openings in Chile in October, and will introduce Gap and Banana Republic stores to Panama and Colombia in 2012.
Gap has opened its first Banana Republic store in Russia, in Moscow's AfiMall City.
Gap announced Monday that it will open its first Banana Republic store in France in Paris in early December.
Gap reported Thursday that profit for the quarter ended July 30 dropped 19% to $189 million, compared with $234 million in the year-ago period.
Gap said Friday that it will debut its first Gap flagship store in Rome on Via del Corso, the city’s premier shopping district, on July 30.
Gap announced Wednesday that it will open its first Gap store in Egypt this July, and its first Gap and Banana Republic stores in Morocco in October.
At an investor conference on Thursday, Gap CEO Glenn Murphy announced the company will close 200 of its 900 U.S. namesake stores even as it expands its outlet presence.
Gap said Tuesday that it is establishing an international division, based in London, to ramp up overseas growth, and will open its first Old Navy stores abroad -- in Japan -- by 2012.
Gap said Wednesday that it has expanded its Gap and Banana Republic online presence to eight additional European countries through its dedicated European e-commerce sites.
Gap announced a series of changes to help revive its struggling namesake division, which hasn't posted a gain on an annual basis since 2004.
Gap announced Tuesday that Marka Hansen president of Gap North America, has resigned, effective Feb. 4.
Gap will open its first Italian flagship on Saturday in the Corso Vittorio Emanuele shopping district of Milan.
Gap announced late Wednesday that its first four wholly owned Gap stores have debuted in China, along with the launch of its online retailer store gap.cn.
Gap announced Thursday that a three-to-five year strategic plan that calls for expansion into China...
Gap said Tuesday it has set up an online site for Canadian customers to shop...
Gap said late Thursday that net income rose 3% in the second quarter, to $234...
The Gap-owned online accessories retailer Piperlime said Tuesday it will open its first pop-up store...