Gap is splitting into two companies: Old Navy and everything else - News Summed Up

Gap is splitting into two companies: Old Navy and everything else


The remaining company — which still needs a name — will consist of the namesake Gap brand, Athleta, Banana Republic, Intermix and Hill City. It will have annual revenue of about $9 billion, compared with Old Navy’s $8 billion, the company said.


Source: Los Angeles Times February 28, 2019 22:30 UTC



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