Gap Inc. news and archive

Athleta announces expansion into Canada

Gap Inc. brand Athleta is expanding outside of the US for the first time as the performance lifestyle brand plants roots in Canada. Athleta will launch a Canadian e-commerce platform this summer, followed by opening retail stores in Ontario, Vancouver, and British Columbia. According to the brand, it plans on opening between 20 to 30 stores a...

Business

Gap Inc. announces plans to drive women’s empowerment in its supply chain

Gap Inc. has launched a new initiative called Empower@Work to help female garment workers feel more represented in its global supply chains. To drive collective action, Gap Inc. has partnered with Business for Social Responsibility, ILO-IFC Better Work, and CARE to launch a platform that will focus on building and deploying sustainable,...

Fashion

Athleta launches its first sleepwear collection

Athleta is delving into sleepwear. The popular, Gap Inc.-owned women's athleisure brand has launched the first collection within its new sleepwear category. The 14-piece collection includes t-shirts, camisoles, shorts, joggers, night gowns and a sleep romper. All pieces are made from ultra-soft, lightweight fabrics that are sustainable and...

Fashion

Gap Inc. signs onto 2025 Sustainable Cotton Challenge

Gap Inc. has taken another step in ensuring its cotton comes from sustainable sources. The retail company has joined the 2025 Sustainable Cotton Challenge, an initiative put forth by the U.S. Cotton Trust Protocol and Textile Exchange. The Sustainable Cotton Challenge is an initiative formed by Prince Charles in 2017, aiming to achieve more than...

Business

Gap posts flat sales growth in Q3

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...

People

Gap Inc. names new chief growth officer & Banana Republic CEO

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...

Fashion

Rachel Zoe & Janie and Jack team on limited edition collections

Rachel Zoe has partnered with Gap Inc.'s childrenswear brand Janie and Jack for the second time. The brands have entered into a two-collection collaboration, with a limited-edition holiday line and a resort line to follow. “After having a ball together last holiday, I knew our partnership with Rachel was far from over," Shelly Walsh, SVP and...

People

Gap Inc. appoints Nancy Green as CEO of Old Navy

Nancy Green has officially been named as the chief executive officer of Old Navy, the largest brand within the Gap Inc. portfolio. She has been serving as the brand's interim head since March and was previously president and chief creative officer. Green will report to Gap's chief executive, Sonia Syngal, and serve on the company's senior...

Fashion

Gap Inc. expands loyalty program across core brands

Gap has launched a new customer loyalty program in the U.S. and Puerto Rico, replacing its previous Bright Rewards program. The company's new loyalty initiative is available through each of its core brands, Old Navy, Gap, Banana Republic and Athleta, with points interchangeable through each. The program has a unique name for each brand: Navyist...

BusinessFeatured

Online demand boosts Gap's Q2, comparable sales increase by 13 percent

Net sales at Gap Inc., were down 18 percent year-over-year to 3,275 million dollars, reflecting a 95 percent increase in online sales, offset by a 48 percent decline in store sales, which were impacted by partial closures during the quarter. During May, the company said in a statement, Gap began reopening stores previously closed as a result of...

Fashion

Gap Inc. Canada donates 3 million dollars worth of clothing

Gap Inc. is teaming with Delivering Good to donate over 3 million dollars worth of clothing to Canadians in need. New apparel items from Gap, Banana Republic and Old Navy will be distributed to those financially impacted by the COVID-19 crisis. Delivering Good is a non-profit organization that unites retailers, manufacturers, foundations to...

Retail

Gap Inc. launches B2B sales of non-medical grade face masks

Gap Inc. has launched a new B2B product program to supply large organizations with high-quality, reusable cloth face masks. These non-medical grade protective wear will be sold to companies wishing to supply their employees with masks as offices and workplaces reopen. The company has sold approximately 10 million face masks to employers,...