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HISTORICAL FACTS: 7 | History Defined

Shrinking the Gap: how the clothing brand lost its way

Gap’s clothes defined an era, but it has been steadily declining for years. Can a collaboration with Kanye West revive its fortunes – or is it just another sign of a brand flailing around for an identity?

The Guardian - UK

BofA Downgrades Gap On Old Navy Concerns

Old Navy, which contributes to around 55% of Gap Inc’s (NYSE: GPS) sales, is likely to be “disproportionately hurt” by its exposure to low-income consumers and worsening supply chain disruptions, according to BofA Securities.

Benzinga

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