Gap news and archive

Gap reports higher earnings and comparable sales in Q4

San Francisco based apparel retailer Gap maintained growth momentum in the fourth quarter of 2024 with comparable sales increase of 3 percent. Net income increased to 206 million dollars and diluted earnings per share to 54 cents versus 185 million dollars and 50 cents reported in the previous year. However, net sales of 4.1 billion dollars were...

Fashion |In Pictures

Banana Republic launches The White Lotus capsule collection

Banana Republic has partnered with Warner Bros. Discovery Global Consumer Products to create a capsule collection inspired by the HBO Emmy-winning series The White Lotus. The Banana Republic x The White Lotus collaboration Credits: Banana Republic Launching today online and in 26 selected Banana Republic stores across the nation, the...

FashionPress Release

Gap Celebrates Comfort and Confidence in New “Feels Like Gap” Spring Campaign

This spring, Gap is celebrating confidence by embracing the power of comfort. The “Feels like Gap” campaign is a tribute to effortless self-expression with a collection of soft, elevated product essentials designed to inspire personal style. Rooted in Gap’s legacy of timeless wardrobe staples, the collection brings a fresh perspective to...

Fashion |In Pictures Featured

Gap championing Black designers for Black History Month

American retailer Gap has teamed up with New York-based Harlem’s Fashion Row (HFR), which provides business solutions to retailers committed to equity for Black and Latin-X design talent, to launch a limited-edition collaboration featuring the work of six Black designers. The Gap × Harlem’s Fashion Row collection launches on February 14 during...

BusinessMember

Gap and Sean Wotherspoon to launch GapVintage programme

US retailer Gap has announced a new programme alongside its global vintage curator, Sean Wotherspoon, intended to place the company’s product archive “directly in the hands of customers around the world”. Beginning February 4, 2025, in the US, GapVintage will see the release of a series of yearlong vintage drops curated by Wotherspoon, while...

Retail

Legacy retail brands stage comeback amid shifting consumer priorities

Traditional American retail brands are experiencing an unexpected renaissance in 2024, even as economic headwinds continue to reshape consumer behaviour. Market data from Placer.ai reveals a nuanced picture where heritage names are finding new relevance, particularly among millennial shoppers who once drove their initial success. Anthropologie...

ManagementFeaturedMember

Gap registers positive Q3, lifts outlook

Gap’s third quarter net sales of 3.8 billion dollars were up 2 percent compared to last year and comparable sales were up 1 percent year-over-year. As a result of its strong third quarter results, the company is raising its full year outlook for net sales, gross margin and operating income growth compared to prior expectations. "I'm proud that...

Fashion |In Pictures

Gap launches collection with Paddington

American retailer Gap has launched a limited-edition capsule collection with the beloved children’s character Paddington Bear, ahead of StudioCanal’s ‘Paddington in Peru’ film on November 8. The 19-piece collection, shoppable at Gap.co.uk, features playful, everyday essentials for toddlers and babies, combining Gap’s super-soft, elevated designs...

Fashion

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...

Fashion Featured

L’Enchanteur wins 2024 CFDA/Vogue Fashion Fund

Dynasty and Soull Ogun, the twin sisters behind lifestyle brand L’Enchanteur, best known for its jewellery, have won the 2024 CFDA/Vogue Fashion Fund award. As winners, L’Enchanteur will receive 300,000 US dollars to boost its business, alongside mentorship from a top industry professional. The fashion prize also names Jackson Wiederhoeft of...

Fashion |In Pictures Featured

Gap unveils holiday collection with Cult Gaia

American retailer Gap is collaborating with Los Angeles-based Cult Gaia on a holiday collection for women and kids launching on October 10. The 35-piece collection draws inspiration from Cult Gaia's modern, sculptural influence, combined with Gap's “most loved” essentials to create a range of statement pieces designed to celebrate “the beauty...

ManagementFeaturedMember

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...