Gap raises annual sales target on steady Christmas demand Gap has raised its annual sales forecast and said the Christmas season was off to a "strong start", sending the Old Navy parent's shares up 15% in extended trade on Wall Street last night. Business • 22 Nov 24
Gap raises annual sales target on steady Christmas demand Gap has raised its annual sales forecast and said the Christmas season was off to a "strong start", sending the Old Navy parent's shares up 15% in extended trade on Wall Street last night. Business • 22 Nov 24
Gap shares soar on Old Navy brand renewal Shares of Gap surged 20% in premarket trading today as investors cheered signs that the apparel maker's efforts to bring in trendier and in-demand clothing at its Old Navy brand and keep inventory under control were paying off. Business • 17 Nov 23
Gap shares soar on Old Navy brand renewal Shares of Gap surged 20% in premarket trading today as investors cheered signs that the apparel maker's efforts to bring in trendier and in-demand clothing at its Old Navy brand and keep inventory under control were paying off. Business • 17 Nov 23
Gap posts surprise first quarter profit Gap last night reported a surprise profit in the first quarter, and its shares jumped 16% in extended trading as the apparel retailer cited restructuring efforts and easing supply chain costs. Business • 26 May 23
Gap posts surprise first quarter profit Gap last night reported a surprise profit in the first quarter, and its shares jumped 16% in extended trading as the apparel retailer cited restructuring efforts and easing supply chain costs. Business • 26 May 23
Gap to lay off about 1,800 employees Gap said today it would reduce its workforce by about 1,800 employees, joining various other US companies in announcing layoffs as worries of an economic recession in the US continue to grow. Business • 27 Apr 23
Gap to lay off about 1,800 employees Gap said today it would reduce its workforce by about 1,800 employees, joining various other US companies in announcing layoffs as worries of an economic recession in the US continue to grow. Business • 27 Apr 23
Gap beats estimates on demand for formal clothing Gap has beaten Wall Street estimates for quarterly sales and profit, helped by steady demand from affluent consumers for its formal clothing and dresses despite a surge in inflation. Business • 18 Nov 22
Gap beats estimates on demand for formal clothing Gap has beaten Wall Street estimates for quarterly sales and profit, helped by steady demand from affluent consumers for its formal clothing and dresses despite a surge in inflation. Business • 18 Nov 22
Store closures at GAP Ireland after soaring losses Pre-tax losses increased last year more than nine fold to €2.45m at the Irish arm of GAP ahead of the US clothing retailer's decision to shut down its company operated "bricks and mortar" Irish stores this year. Business • 30 Dec 21
Store closures at GAP Ireland after soaring losses Pre-tax losses increased last year more than nine fold to €2.45m at the Irish arm of GAP ahead of the US clothing retailer's decision to shut down its company operated "bricks and mortar" Irish stores this year. Business • 30 Dec 21
Next to operate Gap brand in Ireland and the UK Clothing retailer Next has struck a deal with Gap, to run the US brand's business in the UK and Ireland, bolstering its market reach after showing its resilience during the Covid-19 pandemic. Business • 17 Sep 21
Next to operate Gap brand in Ireland and the UK Clothing retailer Next has struck a deal with Gap, to run the US brand's business in the UK and Ireland, bolstering its market reach after showing its resilience during the Covid-19 pandemic. Business • 17 Sep 21
Gap to close all its Irish and UK shops Retail giant Gap has announced it will be closing all of its stores in the UK and Ireland by the end of 2021. Business • 01 Jul 21
Gap to close all its Irish and UK shops Retail giant Gap has announced it will be closing all of its stores in the UK and Ireland by the end of 2021. Business • 01 Jul 21
Gap to close 19 stores in UK and Ireland Gap has said it is proposing to close 19 stores in the UK and Ireland when their leases end in July. Business • 09 Jun 21
Gap to close 19 stores in UK and Ireland Gap has said it is proposing to close 19 stores in the UK and Ireland when their leases end in July. Business • 09 Jun 21
Gap considering closing Irish stores Gap is considering closing stores in some European countries including Ireland, as the apparel retailer looks to save cash while dealing with a sales slump brought on by the Covid-19 pandemic and competition from fast-fashion companies. Business • 21 Oct 20
Gap considering closing Irish stores Gap is considering closing stores in some European countries including Ireland, as the apparel retailer looks to save cash while dealing with a sales slump brought on by the Covid-19 pandemic and competition from fast-fashion companies. Business • 21 Oct 20
Gap shares surge 25% as Wall Street welcomes split Gap shares surged 25% today as a number of Wall Street analysts lauded the company's decision to separate its better-performing Old Navy brand. Business • 01 Mar 19
Gap shares surge 25% as Wall Street welcomes split Gap shares surged 25% today as a number of Wall Street analysts lauded the company's decision to separate its better-performing Old Navy brand. Business • 01 Mar 19
