Stay updated with breaking news from Mark Breitbard. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/QRJRMYWXDJLNXKOK35QIO3FA3E.jpg)
Italian clothing retailer OVS has agreed with Gap Inc to take over and run all 11 stores the U.S. apparel group has in Italy, adding that it plans to expand the network to 20 in a few years.
Gap Inc. September 21, 2021 LinkedIn: link opens in a new windowFacebook: link opens in a new windowTwitter: link opens in a new window ... | September 22, 2021
The San Francisco apparel giant came to the decision not to extended these European store leases, slated to expire in July, after a “strategic review,” a spokeswoman said in a statement. The company offered few details on which U.K. and Irish stores are slated for closure, though a Gap brand location in Belfast has already hung a store-closing sale sign. The retail company will “maintain a presence in Europe,” the spokeswoman said, pointing to Gap Inc. e-commerce channel, outlets and more than 50 remaining Gap-branded stores. Gap first aired plans to tighten its belt in October, openl...
Looks like Kanye West is taking his fashion tips from the Elephant Man these days.
Dive Brief: The home category got a boost last year, and now two major retailers have become strange bedfellows. Walmart and Gap have formed a multi-year partnership on a home essentials brand dubbed Gap Home. The initial collection will be available exclusively on Walmart.com starting June 24, according to a press release Thursday. It includes over 400 products across the home decor, tabletop, bedding and bath categories, and is aimed at college dorms and homes. Seasonal and special collections will be released throughout the year and developed with IMG, Gap's licensing agency. Gap is the...