Old Navy news and archive

Gap reports second year of topline growth amid strategic transformation

NEW YORK — Gap Inc. has reported financial results for the fourth quarter and fiscal year ended January 31, 2026, marking what the company describes as a transition from ‘fixing fundamentals’ to a ‘building momentum’ phase. The US-based specialty apparel group achieved net sales of 15.40 billion dollars for the full year, representing a 2...

News

FIT to honor Richard Dickson, Gap Inc. President & CEO, at 2026 Annual Gala

The Fashion Institute of Technology (FIT) is set to honor Richard Dickson, president and chief executive officer of Gap Inc., at its Annual Gala on April 14, 2026. Taking place at the Cathedral of St. John the Divine in New York City, this year’s FIT Gala will celebrate Dickson’s career and his legacy of brand reinvigoration, from his time at...

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Business

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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Business

Gap Inc. launches cross-brand content creator & social media advocacy platform

Gap Inc. has launched a new creator affiliate and advocacy platform, in line with the advancement of its digital-first strategy and brand reinvigoration efforts. Over the years, Gap Inc.'s brands have linked fashion and culture through thoughtful storytelling. Recently, its media campaign "Better in Denim" became Gap's most successful social...

People

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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Business

Gap Inc. partners with Klarna to offer US customers flexible payment options

Apparel retailer Gap Inc. has partnered with Klarna, a global digital bank and flexible payments provider, to offer Klarna’s range of payment options to US customers across its portfolio of brands, including Gap, Banana Republic, Old Navy, and Athleta. “We are excited to offer our customers more choice, convenience, and control by offering a...

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Business

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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Business

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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Retail

Old Navy innovates with Radar, uses RFID and AI for smarter inventory management

Old Navy, a brand under Gap Inc., is enhancing its retail operations through a new partnership with American technology company Radar. This collaboration aims to implement AI-powered RFID technology across all U.S. Old Navy stores to optimize inventory management, according to a Gap Inc. press release. Old Navy CEO Haio Barbeito stated that this...

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Business

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...

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Management

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

Old Navy celebrates 30th anniversary with '94 Reissue limited-edition collection

American brand and retailer Old Navy is marking its 30th anniversary this year with the launch of a special, limited-edition collection that celebrates some of its best-selling products from the '90s. Launching in 1994, Old Navy has grown to become one of the United States' most iconic brands, with more than 1,200 company-owned and franchise...