Brexit: Gap Too Far

[AtW]

Gap to shut shops and hive off Old Navy

Fashion firm Gap Inc has announced is shutting 230 stores and splitting off its Old Navy brand, a restructuring aimed at "revitalising" the company.

It emerged as new figures revealed that like-for-like sales at Gap continued to fall while Old Navy's revenue rose.

Old Navy will be a standalone company while a new business, which is yet to be named, will house Gap as well as its other brands including Banana Republic.

Gap Inc said it has already closed 55 of its eponymous stores.

That leaves 742 Gap stores globally.

It is not yet clear how many jobs will be lost or where the closures will occur over the next two years.

Gap to shut shops and hive off Old Navy - BBC News

[Zigenare]

Gap to shut shops and hive off Old Navy

Fashion firm Gap Inc has announced is shutting 230 stores and splitting off its Old Navy brand, a restructuring aimed at "revitalising" the company.

It emerged as new figures revealed that like-for-like sales at Gap continued to fall while Old Navy's revenue rose.

Old Navy will be a standalone company while a new business, which is yet to be named, will house Gap as well as its other brands including Banana Republic.

Gap Inc said it has already closed 55 of its eponymous stores.

That leaves 742 Gap stores globally.

It is not yet clear how many jobs will be lost or where the closures will occur over the next two years.

Gap to shut shops and hive off Old Navy - BBC News

Where's the "B" word? Come on, you have to blame all business decisions that cause job losses on Brexit!

[DimPrawn]

What are you going to post about next?

"Tesco to merge the low fat Strawberry Yoghurt line with the Extra Thick and Creamy range"

I think are starting to believe every single action on the planet is now "due to, or, despite of, Brexit"

of the sub forum award is yours for the taking.

[DimPrawn]

I mean, seriously what are you going to pin on Brexit now?

Fooking kebab shortages and incurable VD?







Oh wait, hang on.

Remainers warn of kebab shortages and incurable VD after a No Deal Brexit but it'''s all lies - they just want to stop Brexit

[Eirikur]

Where will the low class brexiteers buy their clothes now? Asda?

[Old Greg]

Bendy Banana Republic is going to boom.