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Gap records nearly US$1b in losses on coronavirus-led store closures

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Gap Inc on Thursday reported a quarterly loss of nearly US$1 billion as the apparel retailer was forced to close its stores due to the coronavirus outbreak, sending its shares down about 8 per cent after market hours.

[BENGALURU] Gap Inc on Thursday reported a quarterly loss of nearly US$1 billion as the apparel retailer was forced to close its stores due to the coronavirus outbreak, sending its shares down about 8 per cent after market hours.

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