Gap said international like-for-like sales dipped 1% in its fourth quarter to January 29 and warned that it expected operating margins to be squeezed in 2011 because of cost inflation driven by rising cotton prices.
Please sign in now if you have a subscription
Retail Week is the most trusted source of business intelligence for the retail industry. Subscribe now to enjoy:
Discover Retail Week subscribe now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.