Tag

Gap

All articles tagged with #gap

Hailey Bieber Reimagines Gap Denim with Limited Hailey Jean Capsule
fashion1 month ago

Hailey Bieber Reimagines Gap Denim with Limited Hailey Jean Capsule

Hailey Bieber is launching a limited-edition Gap jeans capsule called Hailey Jean, reimagining Gap’s Extra Baggy and Low Rise Loose styles with Bieber’s personal DNA. Each style runs $89 and comes in three washes, with “1996” on the buttons and back patch and Bieber’s signature on the pocket lining. Shot by Mario Sorrenti and directed by Charlie Di Placido, the campaign leans into a ’90s mood and hits gap.com and select Gap stores on July 16.

Springsteen Regrets Declining Bono’s Gap Song, Says He Should Have Said Yes
music2 months ago

Springsteen Regrets Declining Bono’s Gap Song, Says He Should Have Said Yes

At a Tribeca Festival event, Bono recalled asking Bruce Springsteen to license his song 'Girls in Their Summer Clothes' for Gap’s (RED) campaign; Springsteen admits he refused in 2008 and now says it was a big mistake, calling the song a personal favorite and joking that he should have done it so audiences could hear it as a hit. The moment came during a night honoring Springsteen, with Bono praising him and later joining for a performance.

Beckham Redefines Gap Style with a 38-Piece Capsule Collection
fashion4 months ago

Beckham Redefines Gap Style with a 38-Piece Capsule Collection

Victoria Beckham launches a 38-piece Gap collaboration, the first multi-season partnership blending her modern, tailored aesthetic with Gap’s heritage. The collection centers on denim, fleece sets, khakis, tees, and logo pieces with VB’s red stitching, drawing inspiration from contemporary art and offering pieces priced from $34 to $328, available to shop on April 24, 2026.

Gap Shares Drop on Tariff Concerns and Profit Warnings
business1 year ago

Gap Shares Drop on Tariff Concerns and Profit Warnings

Gap shares fell sharply after the retailer warned that tariffs would negatively impact profits this year, despite beating quarterly expectations. Key support levels to watch are around $22 and $19, with a major overhead resistance near $29. The decline was driven by profit-taking ahead of earnings and technical resistance at previous peaks, with traders monitoring these levels for future movements.

Stock Market Soars in May Despite Tariff Tensions
business1 year ago

Stock Market Soars in May Despite Tariff Tensions

The article discusses how President Trump's tariffs are negatively impacting companies like Gap, which estimates a potential $150 million cost increase, leading to a market decline. Despite some companies like Ulta Beauty and Red Robin reporting strong earnings, ongoing tariff uncertainties and political tensions continue to influence investor sentiment and market performance.

Gap's Sales Rise Despite Tariff-Related Cost Concerns
business1 year ago

Gap's Sales Rise Despite Tariff-Related Cost Concerns

Gap announced that U.S. tariffs will cost it $250-$300 million but excluded this impact from its forecast, leading to a 16% drop in shares after hours. The company plans to mitigate over half of the tariff costs and maintains its sales and operating income growth forecasts for 2025, despite the tariff-related challenges affecting margins and supply chain costs. Gap's first-quarter revenue exceeded estimates, driven by increased sales at Old Navy and other brands.

Gap Shares Drop Amid Tariff Cost Concerns
business1 year ago

Gap Shares Drop Amid Tariff Cost Concerns

Gap's shares dropped over 15% after announcing that new tariffs on imports from China and other countries could cost the company between $250 million and $300 million, though they plan to mitigate this impact by diversifying their supply chain. Despite the tariff concerns, Gap reported better-than-expected first-quarter earnings, with revenue of $3.46 billion and net income of $193 million, and maintained a positive outlook for the year, though some guidance was weaker than expected. The company is focusing on strengthening its brands and reducing reliance on China, with notable performance from its Old Navy and Gap brands.

Gap Boosts Annual Outlook Amid Strong Holiday Sales Start
business1 year ago

Gap Boosts Annual Outlook Amid Strong Holiday Sales Start

Gap Inc. raised its annual guidance for the third time this year after posting better-than-expected fiscal third-quarter results, despite sales being impacted by hurricanes and warm weather. The company, which owns brands like Old Navy and Banana Republic, now anticipates a 1.5% to 2% increase in fiscal 2024 sales, surpassing analyst expectations. CEO Richard Dickson noted that sales rebounded as weather conditions improved, and the holiday shopping season has started strong. Gap's strategic focus on brand identity and marketing has led to four consecutive quarters of sales growth.

Retail Earnings Surge, But Consumer Comeback Uncertain
retail2 years ago

Retail Earnings Surge, But Consumer Comeback Uncertain

Despite strong first-quarter results from retailers like Gap and Foot Locker, the success is attributed to effective execution and strategic changes rather than a broad consumer spending comeback. Shoppers are being more selective due to inflation and economic pressures, prioritizing value and convenience. Gap's turnaround under new leadership and Foot Locker's store redesigns have driven their improved performance. Meanwhile, retailers like American Eagle and Kohl's struggled due to poor execution and missing trends.