A recent finding by the new Data Trust Index (DTI) has shown that customers see Calvin Klein, Louis Vuitton and Banana Republic as the most data trustworthy brands. With Calvin Klein coming in top place, the DTI aimed to measure the level of trust consumers had with a digital platform in regards to their personal data. Louis Vuitton came second,...
20 Oct 2021
Retailer Banana Republic has released an eco-conscious collection in collaboration with sustainable designer Harbison, with the partnership aided by Harlem’s Fashion Row. Inspired by his family, mother and upbringing, Charles Harbison, the designer behind the label, utilised natural dyes and organic products for the limited edition line. Vivid...
19 Oct 2021
Apparel and lifestyle retailer Banana Republic has revealed a new look for the brand, reminiscent of its global heritage and with the goal of transforming the label’s roots into a modern style. The 43 year old brand will be remodelling its customer experience, through updated apparel design, digital transformations and in-store upgrades. Its...
7 Sep 2021
Gap reported second quarter diluted earnings per share of 67 cents, while adjusted earnings per share were 70 cents. The company raised its full year reported diluted earnings per share guidance to be in the range of 1.90 dollars to 2.05 dollars and 2.10 dollars to 2.25 dollars on an adjusted basis. The company’s net sales of 4.2 billion dollars...
27 Aug 2021
Sales at US fashion and lifestyle retailer Gap topped pre-Covid levels in the first quarter of the year as its markets opened back up, leading to a hike in its full-year outlook. The company said net sales across its brands for the first quarter ending May 1 were up 89 percent to 3.99 billion dollars compared to last year when the pandemic was...
28 May 2021
Gap’s diluted earnings per share were 61 cents for the fourth quarter of fiscal year 2020. The company said, net sales were 4.4 billion dollars, a decrease of 5 percent compared with last year, while online sales grew 49 percent compared with last year and represented 46 percent of net sales in the fourth quarter, which was an increase of over...
5 Mar 2021
Department store John Lewis is adding 50 new fashion and beauty brands, from start-up independents to high street favourites to cater for what it calls a “shift in dress codes” with shoppers opting for more comfortable, casual attire over more formal styles. Over the past 12 months, lifestyles have changed and with it, what customers want in...
9 Feb 2021
Gap Inc. said that its third quarter results reflected flat sales versus last year, supported by 5 percent growth in comparable sales, which was driven by a 61 percent increase in online sales. The company said in a statement that net sales were impacted by the company’s ongoing strategy to close unprofitable stores. Gross margin increased 160...
25 Nov 2020
Gap Inc. is making changes to its leadership teams. The company has just announced two new appointments: Asheesh Saksena to the role of chief growth officer for the Gap Inc. senior leadership team and Sandra Stangl as president and chief executive officer of Banana Republic. Saksena will join Gap Inc. in January 2021. His role has been newly...
24 Nov 2020
Banana Republic is honoring the late Supreme Court Justice Ruth Bader Ginsburg by re-releasing its popular "Notorious" necklace. The style was first sold in 2012, inspired by a statement necklace worn by Ginsburg. The brand will donate 100 percent of the proceeds of the necklace to the International Center for Research on Women, up to 500...
15 Oct 2020
Huf has released its ‘Vote 2020’ pack, a small capsule collection encouraging voter registration amongst today’s youth. The range consists of a t-shirt, face mask, button, and sticker. Bearing the brand’s signature Huf Green colour-way, the t-shirt also features a quote by Gil Scott-Heron across the back, stating: “Nobody can do everything, but...
6 Oct 2020
Banana Republic introduces ‘Will Work For A Better Republic’ campaign in partnership with Delivering Good and Rock the Vote. The campaign reflects a range of individuals, couples and families redefining their new normal with working from home becoming a normality. The brand takes sweaters and joggers from loungewear to functional pieces of...
2 Sep 2020
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