Retail stocks went on a run Friday — with Gap Inc. leading the way higher after chief executive officer Richard Dickson’s turnaround plans showed some signs of traction. Gap’s stock was up 12.8 percent to $24.87. Apparently the retailer, one of the pioneers of the movement toward casualization, has some pretty good coattails. Or at least … Read more
Gap is teaming up with Paddington in support of the latest film release, “Paddington in Peru,” which premieres in the U.S. on Jan. 15. The limited-edition capsule collection includes playful everyday essentials for toddlers and baby. The 25-piece curated collection is brought to life with whimsical graphics and intricate embroidering of iconic London landmarks. A … Read more
Los Angeles-based fashion label Dôen has become one of the hottest contemporary brands in the industry. By delivering emotional products and a story told through a feminine gaze, cofounders Katherine and Margaret Kleveland have garnered a strong clientele of both aspirational and luxury customers; been spotted on the Hollywood crowd, such as Kaia Gerber, Alexandra … Read more
Gap is getting into a musical mood for holiday. Its new holiday campaign, which launched Friday, gives musical creators the platform to share their talent and gifts with the world. The “Give Your Gift” campaign highlights the brand’s bestselling Cash Soft knit collection, which has been expanded with new design features in stitch, texture and … Read more
Gap Inc. showed further signs of turning itself around, on Thursday reporting a big leap in sales at Old Navy and a solid bottom-line for the second quarter ended Aug. 3. Net income rose to $206 million, or diluted earnings per share of 54 cents, compared to $116 million, or 32 cents per share, in the year-ago period. Net … 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
TICKER POWER: Gap Inc., operator of the Old Navy, Gap, Banana Republic and Athleta brands, will change its ticker symbol from “GPS” to “GAP” on Aug 22. The company’s common shares trade on the New York Stock Exchange. “Updating our NYSE ticker symbol to GAP on our 55th anniversary recognizes both an important milestone and … Read more
Gap is collaborating with Madhappy, the Los Angeles-based direct-to-consumer brand, on a limited-edition collection of women’s, men’s and kid’s apparel that sources inspiration from the Gap archive. The 41-piece collection features the MAD Arch logo on sweatshirts alongside reinvented Gap essentials such as denim, outerwear, hoodies and accessories. The collection will be available at eight … Read more
When Brie Larson and Alexandra Daddario accidentally had a twinning moment in the same Dôen polka-dot dress at a press conference in Italy last month, it went viral. “We were thrilled because everyone always shows up in our office in the same thing. It’s a collective consciousness,” said the fashion brand’s cofounder Margaret Kleveland. Dakota … Read more
At Gap Inc., the stock is trading near its 52-week high, guidance for 2024 earnings was raised and the outlook is positive — and that’s largely due to the retail conglomerate’s biggest brand, Old Navy. “It’s been a pretty good run — three consecutive quarters of strong top line and bottom line performance, but really … Read more
