Find in the news:
BY COUNTRY

GAP to Separate Old Navy Brand



GAP is spinning off Old Navy. The successful low-price apparel brand is becoming its own, separate company.
GAP

GAP shares rose in price after the company announced its intention to separate its Old Navy brand into a separate public company.

Many well-known analysts welcomed this decision since such a restructuring would improve the company's business. In recent years, the Old Navy brand has been successfully developing and has shown good sales dynamics, while Gap is experiencing a slowdown, which has even led to the decision to close some 230 chain stores around the world. Allocating a popular brand to a separate company will make the business more flexible and transparent, it will be possible to respond more quickly to the latest market trends and ever-changing consumer tastes. Moreover, this approach is more convenient in the heyday of e-commerce.

After the division, Gap will also have brands like Athleta, Banana Republic, Intermix and Hill City. At the helm of the company will remain CEO Arthur Peck (Arthur Peck). And Sonia Syngal, CEO of Old Navy, will continue to lead the brand, but as a separate company.

This is not the first such case. So, last year, clothing manufacturer VF Corp. singled out Lee and Wrangler brands into separate public companies. It can be assumed that in the near future other brands from the fashion world may take similar steps.

More about shopping malls in the USA



May 14, 2021, USA:
The largest U.S. retailer is putting more effort into gaining a stronger foothold in the fashion market.
May 13, 2021, Italy:
Diesel has announced a new phase of its For Responsible Living sustainability initiative, Diesel Library.
May 12, 2021, USA:
L Brands does not intend to sell its women's lingerie brand Victoria's Secret and separate it into a separate public company.
May 11, 2021, USA:
Charlie and Dixie D'Amelio will be the faces of a new clothing brand for teens called Social Tourist.
May 11, 2021, USA:
There is something of a state of euphoria in the actions of shoppers who have had the opportunity to return to shopping malls.
May 11, 2021, USA:
The primary demand of the protests, scheduled for May 19, is an increase in the minimum wage.
Friend
and Follow
Jardim Pamplona GLA:118 403 SF
ADDRESS: R. Pamplona, 1704 - Jardins São Paulo
Brazil . Sao Paulo
Jardim Pamplona
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us