Find in the news:
BY COUNTRY

Gap will not Order New Collections For Next Seasons



Gap Inc. has canceled its orders for the next summer and autumn seasons, which are in a complicated situation.
GAP storefront in Westfield London

In March, almost 100 retailers decided to close the doors of stores to prevent the spread of coronavirus. And while e-commerce has allowed clothing manufacturers to maintain at least one revenue stream, many are losing money as the U.S. economy is stomping on the spot. 

This situation is forcing company executives to take drastic measures to cut costs. Many retailers are now on the verge of survival and are doing everything they can to save money and cut costs as much as possible.

One such retailer is Gap, which has taken the unprecedented step of stopping orders for its summer and autumn collections by effectively instructing manufacturers and suppliers not to send new goods to stores. This brand was already experiencing a lot of difficulties before the pandemic began. Now, the company has to deal with a lot of challenges, and staff cuts across the country have not been enough.

But, according to experts, Gap actions are just the beginning, and many other companies can follow this example and start reducing orders, if not abandoning them at all. It can have a catastrophic impact on retail trade in general. And how many shopping centers will survive, one can only guess. It is impossible to predict anything until the coronavirus pandemic stops.

More about shopping malls in the USA



Sep 22, 2022, France:
Palm Angels expands its geography and enters the French market with the opening of a store in Paris.
Sep 20, 2022:
The new retail space will appear in the trendy Garosu-gil neighborhood of Seoul.
Sep 19, 2022, Sweden:
The official opening of the flagship store at Drottninggatan 53 is scheduled for September 30, 2022.
Sep 16, 2022, South Korea:
The store will be located at Lotte World Mall in Seoul's Jamsil district.
Sep 15, 2022, USA:
Pontegadea is negotiating the purchase of distribution centers in Wisconsin and Pennsylvania.
Sep 14, 2022, Spain:
Sales of the Indetex Group increased by almost 25% for the first half of the year.
Friend
and Follow
Arkadia GLA:1 184 030 SF
ADDRESS: Aleja Jana Pawla II 82, 00-175
Poland . Warsaw
Arkadia
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
Vegas Crocus City GLA:1 199 078 SF
ADDRESS: 61 km Moscow Ring Road
Russia . Moscow region
Vegas Crocus City
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul


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