SUBSCRIBERS

Old Navy is now biggest driver of growth in Gap Inc brands

Last year, it took in almost US$6 billion in sales in the US and made up 40 per cent of the company's global revenue

Published Mon, May 18, 2015 · 09:50 PM

New York

FOR years, Stefan Larsson was Gap's worst nightmare, as he led H&M's dizzying expansion in the United States with a combination of designer chic and rock-bottom prices.

Three years ago, Gap Inc hired him, and gave him its most challenging brand, Old Navy.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Consumer & Healthcare

Starbucks points to weaker consumer as profit falls
Restaurant Brands tops estimates as Burger King overhaul pays off
Walmart to shut all health centers in US over lack of profitability
Coca-Cola raises annual sales forecast on global demand, higher prices
Dying salmon trouble Norway’s vast fish-farm industry
Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too

Companies & Markets

Consumer & Healthcare

Old Navy is now biggest driver of growth in Gap Inc brands

Consumer & Healthcare

Starbucks points to weaker consumer as profit falls

Restaurant Brands tops estimates as Burger King overhaul pays off

Walmart to shut all health centers in US over lack of profitability

Coca-Cola raises annual sales forecast on global demand, higher prices

Dying salmon trouble Norway’s vast fish-farm industry

Fast-fashion giant Shein wants to sell skincare, toothpaste and toys, too

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT