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Gap Reports 13% Higher Qtrly Comparable Sales
Third Point LLC Takes Share Stake In Facebook, Gap, Ups In Walt Disney Co
Gap Inc Reports Q1 Loss Per Share $2.51
The Gap, Inc. is an apparel retail company. The Company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, Janie and Jack, and Hill City brands. Its products are available to customers online through Company-owned Websites and through the use of third-parties that provide logistics and fulfillment services. The Company’s omni-channel services, including order-in-store, reserve-in-store, find-in-store and ship-from-store that are tailored across its portfolio of brands. The Company also sells products that are designed and manufactured by branded third-parties, especially at its Intermix brands. It has Company-operated stores in the United States, Canada, the United Kingdom, France, Ireland, Japan, Italy, China, Hong Kong, Taiwan, and Mexico. It operates Gap, Banana Republic and Old Navy stores throughout Asia, Australia, Europe, Latin America, the Middle East and Africa.
2 Folsom St
SAN FRANCISCO, CA
Bobby L. Martin
Executive Chairman of the Board
President, Chief Executive Officer, Director
Chief Financial Officer, Executive Vice President
President, Chief Executive Officer - Banana Republic
President and CEO - Old Navy
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Gap Inc said on Thursday it will virtually hire seasonal staff for the busy holiday months to help the apparel retailer fulfill online orders and man its customer contact centers as consumers shop heavily online due to the pandemic.
Apparel retailer Gap Inc <GPS.N> reported a surprise 13% rise in quarterly comparable sales on Thursday, as consumers stuck at home due to the COVID-19 pandemic bought more of its Old Navy and Athleta clothing online.
Apparel retailer Gap Inc reported a 13% rise in quarterly comparable sales on Thursday, with shoppers buying Old Navy, Athleta and Gap clothing online as the company's stores remained shut due to the COVID-19 pandemic.
Gap Inc <GPS.N> has entered into a 10-year deal with rapper and fashion designer Kanye West to create a Yeezy line of clothing, both parties said on Friday, sending shares of the apparel retailer soaring 42%.
Gap Inc has entered into a "multi-year partnership" with rapper and fashion designer Kanye West to create a Yeezy line of clothing, both parties said on Friday.
Gap Inc <GPS.N> on Thursday reported a quarterly loss of nearly $1 billion as the apparel retailer was forced to close its stores due to the coronavirus outbreak, sending its shares down about 8% after market hours.
Gap Inc on Thursday reported a 43% fall in first-quarter sales, as the apparel retailer was forced to close its stores due to the COVID-19 pandemic.
U.S. apparel chain Gap Inc <GPS.N> is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told Reuters.
Abercrombie & Fitch Co <ANF.N> and cash-strapped Gap Inc <GPS.N> on Wednesday laid out plans to reopen stores in areas where lockdown curbs have eased, while also introducing social-distancing measures.
* GAP SAYS PREPARES TO RE-OPEN UP TO 800 OF ITS STORES BEFORE END OF MAY, STARTING WITH A SMALL SELECTION OF LOCATIONS IN TEXAS THIS WEEKEND - BLOG Source text : https://bit.ly/2A8ldUp Further company coverage:
Gap Inc <GPS.N> warned on Thursday it may not survive the next 12 months intact and would need to borrow more funds in the face of widespread coronavirus shutdowns that have crippled the business of clothing retailers globally.
Gap Inc said on Thursday its existing cash levels and credit facilities may not be sufficient to run its business and it would have to take additional measures such as job cuts and new debt financing within the next 12 months to boost its liquidity.
Major U.S. retailers Macy's Inc <M.N>, Kohl's Corp <KSS.N> and Gap Inc <GPS.N> said on Monday they would furlough tens of thousands of employees, as they prepare to keep stores shut for longer to curb the spread of the coronavirus outbreak.
Gap Inc <GPS.N> on Thursday withdrew its full-year forecast issued just two weeks ago, suspended its dividend and said it will draw down on its entire $500 million credit facility as the apparel retailer looks to weather the coronavirus crisis.
Gap Inc said on Thursday it would suspend its regular quarterly cash dividend for the rest of the year and draw down the entire $500 million on its revolving credit facility as it looks to soften the blow from the coronavirus pandemic. (Reporting by Saumya Sibi Joseph in...
Retailers Canada Goose Holdings Inc and Gap Inc said they would begin production of medical gear for healthcare workers and patients to aid the battle against the coronavirus pandemic.
* GAP INC. ANNOUNCES TEMPORARY CLOSURE OF STORES IN NORTH AMERICA
U.S. clothing retailer Gap Inc and luxury department store operator Neiman Marcus will close their stores for two weeks, joining other retailers in a vast effort to stem the spread of the novel coronavirus.
* GAP-CO WILL TEMPORARILY CLOSE ITS OLD NAVY, ATHLETA,BANANA REPUBLIC, GAP,JANIE AND JACK AND INTERMIX STORES ACROSS NORTH AMERICA, EFFECTIVE MARCH 19
* GAP INC. ANNOUNCES TEMPORARY REDUCTION IN STORE HOURS ACROSS BRANDS
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