A Gap clothing store in San Francisco. The company reported better than expected sales in the third quarter and increased its sales outlook for 2024. Justin Sullivan/Getty Images) Gap Inc. reported higher than expected sales in the third quarter and increased its sales forecast for 2024. The parent of Old Navy, Banana Republic, and Athleta … Read more
Building on the momentum of its new SoHo New York store that opened this spring, Banana Republic has brought its new lifestyle concept to Westfield Century City in Los Angeles. The 7,589-square-foot space blends fashion, art and global culture with new on-site services that encourage lingering. The store has a coastal vibe that welcomes the … Read more
Banana Republic is sporting a new look at its cast iron SoHo flagship in Manhattan. Located at 552 Broadway, between Prince and Spring streets, the two-level, 17,000-square-foot space has been redesigned in collaboration with architect and interior designer Noa Santos of Nainoa and creative adviser Jacqueline Schnabel. Designer Zac Posen, who earlier this year joined … Read more
Sandra Stangl, president and chief executive officer of the Banana Republic division of Gap Inc., is leaving the brand, WWD has learned. A search for Stangl’s successor is underway. Sandra Stangl at the opening of BR Home on Melrose Avenue in Los Angeles last year. Getty Images In the fourth quarter of 2023, Banana Reported … Read more
Gap Inc., showing some positive signs of life at Gap and Old Navy, swung into the black during the fourth quarter. Net income for the fourth quarter ended Feb. 3 reached $185 million, or 50 cents per diluted share, compared to a loss of $273 million, or 75 cents per share in the year-ago quarter. … Read more
Banana Republic says its continuing to broaden the home collection, while firmly denying market speculation that the line would be discontinued. “Banana Republic Home is not being discontinued. In fact there is more product coming,” an official assured WWD. The company will launch more bedding, dining and bath products, the company told WWD. Efforts to … Read more
