- Prachi Singh |
REPORT_ November 2014 net sales at Gap increased 6 percent compared with last year. Net sales for the four-week period ended November 29, 2014 were 1.72 billion dollars compared with net sales of 1.63 billion dollars for the four-week period ended November 30, 2013.
“Old Navy delivered standout performance in November, with customers responding positively to the brand’s holiday assortment and marketing,” said Glenn Murphy, Chairman and Chief Executive Officer, Gap.
Gap’s comparable sales for November 2014 were up 6 percent versus a 2 percent increase last year. Comparable sales at Gap Global were negative 4 percent versus positive 2 percent last year, at Banana Republic Global, positive 2 percent versus negative 1 percent last year and at Old Navy Global, it was positive 18 percent versus positive 3 percent last year. The company will report December sales on January 8, 2015.