All Gap articles – Page 6
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AnalysisInternational analysis: Gap’s focus on product brings back US shoppers
Gap’s US turnaround continues its upward trajectory. Gap reported net sales for the year ending February 2 reached $15.65bn (£9.7bn), compared with $14.55bn (£9bn) for full-year 2011.
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News
US clothing retailer Gap prepares to enter India
US clothing retailer Gap is preparing to enter India in 2014.Rajiv Malik, general manager for sourcing in India, would not confirm whether Gap planned to enter the market on its own or with a local partner.
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AnalysisGap's acquisition of luxury retailer Intermix: What do retailers need to know?
As Gap snaps up designer US chain Intermix, Retail Week looks at why it has moved into the luxury sector.
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NewsGap acquires US luxury fashion retailer Intermix
Gap is set to enter the luxury clothing market after buying New York-based fashion retailer Intermix.
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OpinionComment: Is Topshop set to become a truly global retailer?
Not many fashion retailers can badge themselves as truly global but could Topshop become just that?
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AnalysisAnalysis: Arcadia's Topshop and Topman prepare for global growth
Sir Philip Green is in talks with a US investor to sell a 25% stake of Topshop and Topman. Retail Week finds out what this might mean for the UK giant and its billionare owner.
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NewsAnalysis: Gap UK faces fierce competition
Despite 25 years in the UK, the US fashion giant has struggled to find its gap in the market.
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NewsLand Securities to open 2km of shops in 24 hours
Land Securities is to open two kilometres of shops within 24 hours next year when it opens schemes in Leeds and Glasgow.
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GalleryStore gallery: London’s denim retail destinations
Selling jeans is one of the toughest tasks a retailer can take on – the product can often be similar but the branding and marketing mix determines success.
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News
Fashion retailer Gap reports sales increase
Sales at Gap increased 8% to $3.86bn (£2.4bn) during its third quarter ended October 27. The retailer reported a 6% rise in like-for-like sales, against a 5% decrease in the same period last year.Like-for-likes in North America rose 7% across Gap, Banana Republic and Old Navy, but fell 3% internationally.For ...
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AnalysisAnalysis: How can Gap get its edge back?
Steve Sunnocks has just been promoted to global president as part of a management reshuffle at the fashion retailer. How can he improve Gap’s standing in the UK market?
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NewsGap promotes Sunnucks as it unveils new structure
US fashion giant Gap has promoted international president Steve Sunnucks to global president as part of a new structure.
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AnalysisInternational analysis: Why Esprit and H&M fail to match Inditex’s growth
It has been a mixed couple of weeks for some of the leading global fashion chains. Inditex continued its stellar performance with half-year profits jumping by almost a third as it sustained growth in sluggish economies in both Western Europe and emerging markets.
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News
Gap to open four Gap Outlet stores in China
The first shop was due to open on September 22 in Ningbo, followed by two in Shanghai and Tianjin.A fourth store is expected to open later this year at the Scitech Premium Outlet Mall in Beijing.Gap China president Redmond Yeung said: “As we continue to execute our expansion strategy in ...
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News
Gap to open first standalone store in Mexico
Gap has revealed it is to open its first standalone store in Mexico as part of a wider expansion in Latin America. The shop, which will be in Interlomas Mall, Mexico City, builds on Gap’s store-in-store concepts in Liverpool Department stores in the region.Gap managing director of strategic alliances Stefan ...
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OpinionBlog: Retailers must innovate to make a success of their social strategy
Topshop’s announcement today that it is partnering with Facebook for its first-ever live ‘customisation of the catwalk’ is one of the clearest indications yet that and retailers are searching for innovative ways to capitalise social media.
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News
Gap plans to enter Indian market
Gap is conducting market research as part of a plan to open a retail business in India.Details such as how many stores will open and how much Gap may invest are likely to be decided early next year.Gap spokeswoman Edie Kissko said: “India is one of the markets that we ...
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News
Gap posts second-quarter revenue increase
Clothing retailer Gap has posted second-quarter results for the period ended July 28.Revenues increased by 6% to $3.58bn (£2.3bn) from $3.39bn (£2.18bn) in the same period in 2011. The retailer’s second-quarter comparable sales were up 4% compared with a 2% decrease in the second quarter last year.Chairman and chief executive ...
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OpinionComment: Building brands in the digital retail era
The news that Ocado is planning a move into dedicated non-food sites for categories such as pets, baby, health and beauty and home and gardening got me thinking.
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News
Gap posts level profits on the year
Clothing retailer Gap posted first-quarter profit unchanged on the prior year at $233m (£147.6m). It results from higher like-for-like sales in North America but weakness abroad and a rise in operating expenses. In 2011, Gap suffered a profits slide every quarter, attributed to key trend misses over the past few ...