Recent events
Recent events tied to this brand in public sources.
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2020
Regency Centers sues Saks and Gap over unpaid rent
Regency Centers sued Saks Fifth Avenue and Gap Inc. over alleged unpaid rent and upkeep costs for their Saks Off 5th and Old Navy stores at Buckhead Station; the article reports Regency's claims, not a court determination.
2020
Gap announces partnership with Kanye West for Yeezy clothing line
Gap announced a 10-year deal with Kanye West, who will serve as creative director and design a Yeezy clothing line for Gap.
2020
Simon Property Group sues Gap over store rent
Simon Property Group sued Gap, alleging the retailer owed three months of rent totaling $65.9 million for stores temporarily closed during the coronavirus pandemic.
2020
Gap accelerates warehouse robot rollout
Gap accelerated its rollout of warehouse robots used to assemble online orders during the coronavirus pandemic. Kindred had deployed 10 robots at Gap's warehouse near Nashville and 20 near Columbus; Gap planned to complete rollout to four of its five U.S. facilities by July.
2020
Landlord sues Gap over unpaid Midtown store rent
The landlord of Gap’s Midtown Manhattan location sued the retailer over its refusal to pay April and May rent and related charges. The suit was filed in Manhattan federal court on Monday, May 4, 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.
2020
Gap partnered with ThredUp on resale
Gap announced a partnership with resale platform ThredUp. In select Gap, Banana Republic, Athleta and Janie and Jack stores, customers can mail in clothes using ThredUp bags and labels in exchange for credits to use at Gap's portfolio of stores.
2020
Gap temporarily closes some stores
Gap temporarily closed some stores in China, according to the article.
2019
Old Navy announces plans to exit China
GAP Group announced that its Old Navy brand planned to stop operating in China in 2020; the article reports that GAP China personnel confirmed the planned exit.
2019
GAP Shanghai reports recall plan for imported infant T-shirts
GAP Shanghai submitted a recall plan to China’s market regulator for some imported infant T-shirts after excessive chemical substances were found.
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.
2019
Gap appoints Robert J. Fisher interim CEO
Gap appointed current non-executive chairman Robert J. Fisher to serve as interim president and CEO, effective immediately.
2019
Gap CEO Art Peck steps down
Gap said CEO Art Peck was stepping down and would also leave the company's board; Robert Fisher would temporarily replace him.
2019
Gap cuts full-year earnings outlook
The Gap Inc. cut its earnings outlook for the year. The article also reported that sales at Gap, Banana Republic and Old Navy fell in the most recent quarter.
2019
Gap lowers its earnings outlook for the year
Gap lowered its earnings outlook for the current fiscal year, forecasting adjusted earnings per share of $1.70 to $1.75, compared with its previous guidance of $2.05 to $2.15.
2019
Gap CEO steps down; interim CEO named
Gap announced that CEO Art Peck was stepping down. Robert J. Fisher was to serve as president and CEO on an interim basis, effective immediately.
2019
Gap appoints Bobby Martin as lead independent director
Gap's board appointed Bobby Martin, chair of its compensation and management development committee, as lead independent director on November 7.
2019
Gap launches 2019 Gift the Thought holiday platform
Gap launched its 2019 holiday platform, “Gift the Thought,” anchored by the hero film “The Hoodie.”
2019
GAP Ocean Terminal store to become a GAP Outlet
GAP announced that its Ocean Terminal store would be known as a GAP Outlet starting October 14, with year-round sales and new collection launches.