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One in three shops empty in part of the UK

Posted:
08 September 2011 10:30

One in three shops are empty in some parts of the country after an increase in the gap between the best and worst performing towns, a new report revealed today.Nationally, one in seven shops have remained vacant over the past year and there is unlikely to be a significant improvement ...read more

Gap takes Banana Republic brand to France

Posted:
31 August 2011 09:47

Banana Republic is set to make its Parisian debut this December when it opens its 16,000-square-foot Champs Elysée flagship. Gap Inc. has operated its Gap brand in France since 1993 and currently has approximately 40 stores in the country.However, the company only recently started to introduce its Banana Republic brand ...read more

Gender pay gap "will take 100 years" to equalise

Posted:
31 August 2011 09:10

Male executives are paid over £10,000 a year more than their female counterparts, with equal pay among Britain's bosses almost 100 years off, new research suggested today.A study of almost 35,000 executives showed a gender gap of £10,546, around £500 more than last year, although at junior level women earned ...read more

Gap expands into Vietnam and Guam

Posted:
24 August 2011 09:36

Gap Inc. has announced plans to open its first stores in Vietnam and Guam through its franchise channel. In Vietnam, the first Gap stores will open this October followed by the first Banana Republic store in 2012. The first Gap store will open in Guam in 2012."These openings will mark ...read more

Gap sees second quarter profit plummet on higher costs

Posted:
22 August 2011 12:01

Gap Inc has reported a 19% decline in second quarter profit as price hikes failed to offset increasing costs.Net income came in at $189 million, down from $234 million a year ago but still above analysts' forecasts. "Despite a difficult quarter, we still delivered a net sales improvement and I ...read more

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