Gap Inc news and archive

Gap partners with Harlem's Fashion Row once more for new denim collection

Gap has partnered with Harlem’s Fashion Row (HFR) once more to create a new collaborative denim collection that reimagines the American retailer’s iconic styles. The new capsule collection, which marks the next chapter of the six-year partnership between the two, includes 20 pieces that showcase the work of five designers of color: Daveed...

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Gap Inc. posts Q3 comparable sales growth driven by Old Navy and Gap brand

Gap Inc., one of the largest specialty apparel retailer in the United States, reported third-quarter fiscal 2025 results marking the company’s seventh consecutive quarter of positive comparable sales. Net sales for the quarter ended November 1, 2025, rose 3 percent to 3.9 billion dollars, driven by broad-based strength across its Old Navy, Gap,...

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Gap Inc. appoints leadership for beauty and accessories expansion

Gap Inc. is making a strategic push into the beauty and accessories markets, appointing new leadership and engaging industry experts to guide the expansion. The company announced the appointments of Deb Redmond as general manager of beauty and Michele Parsons as general manager of accessories. These new categories are seen as a way for Gap Inc....

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Gap Inc. adds music industry leader Jody Gerson to board

Gap Inc. has appointed Jody Gerson, the chairman and CEO of Universal Music Publishing Group (UMPG), to its board of directors, effective immediately. Gerson is recognised as a trailblazer in the music and entertainment industry, with over three decades of experience leading digital transformation and championing creativity and innovation. She...

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Gap Q2 sales remain flat, led by three largest brands

US-based retailer Gap Inc. reported flat net sales for the second quarter to August 2, 2025, amounting to 3.7 billion dollars. Comparable sales were up 1 percent year-over-year (YoY), reflecting the sixth consecutive quarter of positive growth. Store sales saw a 1 percent decrease, while online sales rose 3 percent and accounted for 34 percent...

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Gap Inc. appoints head of communications

Gap Inc. (Gap), the US fashion company behind brands such as Old Navy, Gap, Banana Republic and Athleta, welcomes Mame Annan-Brown as head of communications and executive vice-president. This is a newly created role, according to the company's press release. As a member of the executive team, Annan-Brown will oversee communications, the Gap...

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Gap posts strong Q1, maintains optimistic outlook despite tariff uncertainty

Apparel retailer Gap Inc., parent to Old Navy, Gap, Banana Republic, and Athleta, announced net sales of 3.5 billion dollars, a 2 percent increase for its first quarter ended May 3, 2025. Comparable sales also rose by 2 percent year-over-year. Online sales increased 6 percent and represented 39 percent of total net sales, while store sales...

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Gap launches limited-edition Wicked capsule collection

Fashion retailer Gap has launched a new limited-edition capsule collection to mark the release of the upcoming movie adaptation of Wicked, which will debut in cinemas on November 22. The collection consists of 20 items, including pieces for children and adults inspired by the movie's main characters, Elphaba and Glinda. Key pieces in the capsule...

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Gap reports strong Q2, increases outlook

Gap net sales for the second quarter of 3.7 billion dollars were up 5 percent with comparable sales up 3 percent year-over-year. Increasing its gross margin and operating income outlook for the year ahead, the company said it expects FY24 operating income in the 50’s growth range and gross margin expansion of 200 bps. "In comparison to where we...

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Sven Gerjets joins Gap as chief technology officer

Gap Inc. has appointed Sven Gerjets as the company’s new chief technology officer. “It is crucial that our technology portfolio and digital roadmap support the reinvigoration of our brands and enable us to build deeper connections with our customers and achieve our goals. Today we welcome Sven Gerjets who joins us as chief technology officer,...

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Gap's turnaround plan boosts Q1 performance, raises outlook

First quarter net sales of 3.4 billion dollars at Gap were up 3 percent with comparable sales up 3 percent year-over-year. Store sales for the quarter increased 3 percent and online sales increased 5 percent. As a result of its strong first quarter results, the company is increasing its outlook for fiscal 2024, reflecting higher net sales and...

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Banana Republic chief to exit brand

Sandra Stangl, president and chief executive of Banana Republic, is exiting the Gap Inc-owned company, after four years in the role. Both Gap and Banana Republic have struggled to return to the popularity of their heyday in the nineties and oughts, having gone through multiple transformations and revamps. “As we close out the first quarter of...