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Banana Republic, LLC

  • Gap partners with resale giant ThredUp

    Gap Inc. wants its customers to clean out their closets.
    thred up package

  • Gap not spinning off Old Navy; exec departs

    Gap Inc. will remain whole.
    old navy

  • Gap Inc. to grow Athleta, Janie & Jack globally via franchising

    Gap Inc. is expanding its already robust franchise business with the addition of two brands.

  • Gifting goes digital—and customizable—at two Gap brands

    Athleta and Banana Republic are giving holiday shoppers a more thoughtful alternative to gift cards.

  • President of struggling Banana Republic to depart

    The search is on for a new president of Banana Republic, which has had a hard time finding its footing amid dismal same-store sales results.     Gap Inc. said Tuesday that company veteran Andi Owen, global brand president for Banana Republic, will leave the retailer in late February. Gap CEO Art Peck will directly oversee the brand until the company finds a replacement.   

  • Old Navy taps Gap’s supply chief as president

    Gap Inc. has named a longtime member of its executive team to head up its Old Navy brand.

    The retailer appointed Sonia Syngal as global president of Old Navy, effective immediately, as it looks to reenergize its value-driven brand. She succeeds Stefan Larsson, who left last year to become CEO of Ralph Lauren Corp.

    Syngal, a 12-year Gap veteran, most recently served as executive VP of global supply chain and product operations for Gap Inc.

  • Arkansas’ only outlet center makes its debut

    Little Rock, Ark. -- New England Development opened Outlets of Little Rock in Little Rock, Arkansas, on Oct. 16. The center welcomed thousands of area residents and visitors to shop at Arkansas’ only outlet center.

    The newest destination for shopping in the region is home to first-to-market fashion retailers: Under Armour, Asics, Bass Factory Store, Brooks Brothers Factory Store, Cole Haan, Levi's Outlet Store, Lindt Chocolate Shop, Restoration Hardware and Skechers.

  • Same-store sales show modest growth in May

    New York – Same-store sales generally showed modest growth in May 2015, on the whole meeting Wall Street analyst expectations. The apparel vertical in particular generally outperformed analyst predictions, although Gap, Banana Republic and Zumiez all reported negative same-store sales growth.

    Following is a review of May same-store sales by vertical:

    Apparel
    Banana Republic: – 5%
    The Buckle: 2.4%
    Gap: – 6%
    L Brands: 5%
    Old Navy: 6%
    Stein Mart: 1.9%

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