Recent events
Recent events tied to this brand in public sources.
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2020
GAP Brands partners with Affirming YOUth to donate food to families
GAP Brands of Dadeland Mall partnered with Affirming YOUth Foundation during September to gather and donate food to families in need. Donations collected at GAP and Banana Republic stores were delivered to a local pantry by Gap Brand volunteers.
2020
Gap announces plans to close more than 225 Gap and Banana Republic stores
Gap announced that it would close more than 225 stores across the country, including Banana Republic stores; the exact locations were to be announced in October.
2020
Banana Republic sued to remain at Rockefeller Center
Banana Republic sued landlord Tishman Speyer to remain at its Rockefeller Center premises amid a rent dispute. The article reports that the retailer argued the purpose of its lease had been frustrated, freeing it from the obligation to pay rent.
2020
Gap retail chains sue Brookfield affiliates over rent obligations
Five Gap retail chains—Gap, Athleta, Banana Republic, Old Navy and Janie & Jack—sued Brookfield affiliates, arguing that coronavirus-related restrictions made their lease obligations illegal, impossible or impracticable. They sought to modify or terminate the leases and obtain refunds of rent and expenses paid in advance for March 2020.
2020
Gap announced temporary North American store closures
Gap announced that it would temporarily close its shops across North America starting March 19, including stores of its listed store brands.
2019
Gap cuts annual earnings outlook
Gap said it had cut its earnings outlook for the year as sales at Gap, Banana Republic and Old Navy fell in the most recent quarter.