Gap Inc

Gap Inc, which is struggling to keep its head above troubled waters, has decided to shut 65 stores, as opposed to the previous number of 50 stores. The company's shares fell 4.9 percent to $29.21 on Thursday. The ailing apparel retailer...

The British fashion market has witnessed its steepest decline since 2009, according to the latest figures from Kantar Worldpanel. Data to the 52 weeks ending 25 September 2016 revealed that the market has now seen four months of consecutive...

Foreign Brands Sailing in Indian Waters With its huge catchment and consumption positive demographics the attractiveness of India as a destination market was never in doubt but the pre-game rules threw questions. “Are Indian manufacturers equipped to produce the high-end...

Uniqlo, Japan's largest apparel retail chain with a 6.5 per cent share of the ¥10.7 trillion Japanese apparel market, is one of the most awaited brands in India today. In 2014, there was a rumour that Uniqlo - which had a network of...

On Thursday, Gap Inc. announced that it was shutting down 75 Old Navy and Banana Republic stores, and redirect focus on more successful and profitable stores. The company said in a statement that of the 75 stores, 53 were...

US-based clothing supergiant Gap Inc says that sales in April at established stores fell 7 per cent, with total sales declining as well. The San Francisco-based retailer said on Monday that it is looking for ways to be more efficient...

Sonia Syngal Global President, Old Navy Sonia is a BS in Mechanical Engineering from Kettering University and MS in Manufacturing Systems from Stanford University. A design-driven and innovative leader, she began her career with Fortune 500 companies like Sun Microsystems where she...

Gap Inc, the apparel retailer has raised Sonia Syngal to the post of president in Gap's Old Navy division. Sonia, who has worked with Gap for more than 12 years, replaced Stefan Larsson who served the company as the Global...

Banana Republic, the American clothing and accessories retailer owned by Gap Inc., will soon open its store in India. It will be their first store in the country and the brand has entered into a tie up with Arvind Retail...