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



TODAY, France:
Mango’s growth strategy also encompasses 15 new boutiques in Italy this year.
YESTERDAY, United Kingdom:
Miniso remains poised to expand its presence and consolidate its brand in the European retail landscape.
DAY BEFORE YESTERDAY, USA:
Lanvin has introduced its latest venture at South Coast Plaza.
Jun 14, 2024, USA:
Global superstar Rihanna unveiled her latest venture, Fenty Hair.
Jun 13, 2024:
The next European implementation will take place in Hamburg.
Jun 11, 2024, Mexico:
Luxury fashion house Balenciaga made its debut on Friday in Cancún.
Friend
and Follow
South Coast Plaza GLA:2 800 000 SF
ADDRESS: 3333 Bristol St, Costa Mesa, CA 92626
USA . Los Angeles
South Coast Plaza
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
212 Istanbul Power Outlet
Woodfield Mall GLA:2 200 000 SF
ADDRESS: 5 Woodfield Mall, Schaumburg, IL 60173
USA . Schaumburg
Woodfield Mall
Westfield World Trade Center GLA:365 000 SF
ADDRESS: World Trade Center, Manhattan, NY 10007


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