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Ann Inc. forecasts declining sales; assesses supply chain
New York-- Ann Inc. is forecasting declining sales for the fiscal third and fourth quarter and full year 2014. The company is also launching a comprehensive, end-to-end assessment of its supply chain to identify opportunities to enhance profitability, with a focus on speed, flexibility, improving product sell-through and reducing the cost of goods sold. -
Gap expanding footprint in China; testing virtual wall technology
San Francisco -- Gap Inc. reported that it will surpass 100 Gap branded stores across mainland China, Hong Kong and Taiwan on Nov. 8 when the brand opens a location in Guangzhou. The milestone--reached less than four years after the first Gap store debuted in 2010--includes Gap and Gap Outlet stores.

