The Latest Breaking News from Gap Inc

Olympic gold medalist Allyson Felix left Nike to partner with Athleta and create her own lifestyle and shoe brand Saysh.

Retail sales rose last month, with consumers showing resilience. However, the persistently high inflation and growing recession concerns are prompting consumers to cut back on discretionary spending. While investors looking for retail investments could consider buying Dillard’s (DDS) and Movado (MOV), we think Gap (GPS) and RealReal (REAL) might be…

After ending its partnership with Ye’s Yeezy label last month, Gap Inc. is now pulling all remaining Yeezy Gap products from its stores and online after the rapper and designer made antisemitic remarks.

Fashion brands Adidas and Balenciaga have also severed ties with West

The retail industry continues to do well despite surging commodity prices, supply chain disruptions, and labor shortages, thanks to the expansion of e-commerce. Therefore, fundamentally strong retail stocks, such as Buckle, Inc. (BKE), J.Jill, Inc. (JILL), and Movado Group (MOV), could be promising investments. On the other hand, avoiding The…

Apparel retailer Gap Inc. (GPS) has reported substantial employee layoffs recently, which indicates the business turbulence the company is facing. Hence, this might not be the right time to invest in its stock. Read on….

Apparel retailer Gap Inc.’s (GPS) annual dividend yields handsomely. However, its dividend payouts have been declining over the past few years. And given its bleak fundamental positioning, I think the stock might not be the best addition to one’s retirement portfolio. Read more….

Lawyers for Kanye West sent a letter to Gap Inc notifying the apparel chain that the rapper was terminating his partnership with the company, the Wall Street Journal reported on Thursday. Gap breached its agreement with West by not opening retail outlets and releasing apparel as promised, according to the…

The persistently high inflation is hampering consumer confidence, leading to declining retail sales volume. Moreover, the continuing supply chain issues are proving to be a major headwind for the retail industry. Hence, it might be best to sell retail stocks Allbirds (BIRD) and Gap (GPS), considering their weak bottom lines.…

CEO Sonia Syngal will step down as CEO and the struggling casual apparel retailer said current quarter sales would continue to decline.

U.S. Vice President Kamala Harris has pooled $3.2 billion in corporate pledges aimed at addressing some of the economic factors driving migration from Central America, her office said on Tuesday, lending impetus to measures to be discussed at the Summit of the Americas this week.