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Gap Inc to shutter 75 overseas Old Navy and Banana Republic shops

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Published Fri, May 20, 2016 · 09:50 PM

    London

    GAP Inc said it would shut 75 Old Navy and Banana Republic stores in overseas markets, as the struggling apparel retailer focuses on its North American market to revive its fortunes.

    Shares of the San Francisco-based company were up 4.2 per cent in after-hours trading on Thursday.

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