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Product 3.0 underpins Gap brand turnaround plans
2015-06-18 15:05:33| Daily apparel & textile news and comment - from just-style.com
A new approach to product development - dubbed 'Product 3.0' - underpinned by a responsive and seamless supply chain, is at the heart of plans to turnaround the Gap brand.
Beyond basics: 'More feminine' styles key to reviving Gap brand
2015-06-17 18:53:28| Apparel - Topix.net
The world didn't end in 2012, but things haven't been the same since then for Gap Inc's ( Riding the colored-denim trend that year, the chain's sales soared to their highest in four years as young adults snapped up its distressed, skinny and cropped jeans. But denim's popularity began to fade in 2013, and the Gap brand's sales followed suit - ultimately leading to the company's announcement on Monday that it would close 175 of its 675 Gap stores over the next few years.
Gap is closing 175 stores. Is the preppy look losing its appeal?
2015-06-17 05:14:35| Apparel - Topix.net
Gap will close a quarter of its North American specialty stores over the next few years, including 140 closures that will happen during the 2015 fiscal year. With slumping sales, what does the retailer need to do to turn things around? Clothing retailer Gap is closing a quarter of its specialty stores in North America within the next few years in an attempt to revive its lackluster sales.
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How Gap plans to reboot its struggling retail empire
2015-06-17 00:56:47| Apparel - Topix.net
As Gap Inc. slashes 250 jobs and shutters 175 stores in North America , the San Francisco-based retail giant is embarking on a major reboot of its product lineup across its Gap, Old Navy and Banana Republic brands. Leading the way will be the company's value brand: Old Navy.
Gap to close 175 stores and cut 250 jobs
2015-06-16 16:57:00| Daily apparel & textile news and comment - from just-style.com
US clothing retailer Gap Inc is to shutter 175 of its namesake stores in the US and axe 250 head office jobs as it tries to increase profitability and speed decision-making at the struggling brand.
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