Gap Inc. is reporting a 40 percent drop in fourth-quarter profits, as the clothing retailer grappled with higher costs and discounted heavily to get shoppers in its stores during the crucial holiday season.
In 2011, the fashion world saw many trends translate from the runway to the streets, and San Francisco was one city stepping up its game in the style stakes. Coral/orange hue accessories and separates With […]
Gap is reporting a 36 percent drop in third-quarter profit, as deep discounting and higher production costs continue to hurt the company.
Gap Inc. is betting big on China, announcing plans to triple the number of its namesake stores in that region by the end of next year.
San Francisco-based clothing company Gap Inc. has opened its first Banana Republic store in Russia and plans on opening its first Gap store in Serbia on Friday.
SAN FRANCISCO (CBS/AP) — Gap Inc. design director Patrick Robinson is leaving the company effective immediately, according to the firm. Gap said it will conduct a search for a successor. Pam Wallack, head of the […]
Gap Inc. Chairman and CEO Glenn Murphy received compensation worth nearly $6 million in 2010, an 18 percent increase from the prior year, according to an analysis by The Associated Press.
Gap Inc. said Thursday that its fourth-quarter net income rose nearly 4 percent as slightly stronger sales at its higher-priced Banana Republic stores made up for continued weakness at Gap brand stores.
Gap Inc. said its profit for the fiscal year just ended will come in higher than expected, as revenue at stores open at least a year rose 1 percent in January.
Gap Inc.’s North American President Marka Hansen is leaving the company after 24 years, effective Friday, following a weak holiday season by the clothing brand.