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☆ I tried on T-shirts at Old Navy, Gap, and Banana Republic. There was one clear winner when it came to value and quality.
▼ + stars: | 2024-08-10 | by ( Chloe Caldwell | ) www.businessinsider.com time to read: +1 min

I tried on similar T-shirts from Old Navy, Gap, and Banana Republic. The Old Navy top would be fine for casual wear, but I wouldn't wear it if I was looking to impress. My favorite T-shirt was the option from Gap, which could easily be dressed up or down. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .

Persons: — Organizations: Navy, Banana Republic, The Old Navy, Service, Business Locations: Banana

☆ I tried on similar dresses at Gap, Old Navy, and Banana Republic. The most expensive one was the most disappointing.
▼ + stars: | 2024-06-19 | by ( Chloe Caldwell | ) www.businessinsider.com time to read: +1 min

I tried on similar linen-blend dresses at Banana Republic, Old Navy, and Gap . I liked the fit of the Gap dress but thought the Old Navy version provided the best value. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementI've always been a fan of feminine fashion, and dresses are a staple in my wardrobe. I visited Gap, Banana Republic, and Old Navy — all owned and operated by parent company Gap Inc. — to try on similar linen-blend dresses and find the best overall value.

Persons: — Organizations: Old Navy, Navy, Service, Gap Inc, Business Locations: Republic, Old, Banana Republic

☆ Can an AI chatbot be convicted of an illegal wiretap? A case against Gap's Old Navy may answer that
▼ + stars: | 2023-12-03 | by ( Ellen Sheng | ) www.cnbc.com time to read: +5 min

The suit also alleges that Old Navy unlawfully shares consumer data with third parties without informing consumers or seeking consent. Old Navy, through its parent company Gap, declined to comment. Old Navy isn't the only one to face similar charges. For now, states have different privacy rules, but there is no unifying federal-level regulation about online privacy. With no comprehensive federal online privacy legislation, companies are free to charge ahead without having to put privacy protections in place.

Persons: Irina Raicu, Raicu, It's, Ari Lightman Organizations: Navy, Central District of, Old, Home Depot, General Motors, Ford, JCPenney, Markkula Center, Applied, Santa Clara University . Companies, Companies, JPMorgan, Verizon, Old Navy, Carnegie Mellon University's Heinz College Locations: Central District, Central District of California, California, U.S, Europe, Canada, Europe . Colorado , Connecticut , Utah, Virginia, Delaware, Florida, Iowa

☆ Gap shares soar on Old Navy brand renewal, controlled inventory
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

Comparable sales at Old Navy rose 1% in the third quarter, the first increase in 10 quarters. "Old Navy gained market share, an encouraging early proof point that work to improve both product assortment and brand messaging" were driving results, Gap Chief Financial Officer Katrina O'Connell said on Thursday following the earnings. Gap's struggles with outdated inventory at its namesake brand and Old Navy had pushed customers to look for newer and fresher styles at rivals like Shein and Amazon.com (AMZN.O). Jefferies analysts said new CEO Richard Dickson's prior experience in reinvigorating brands like Barbie at Mattel (MAT.O) could bring a lift to the Old Navy banner. The apparel maker's executives also alluded to a "longer recovery" time for Banana Republic and Athleta, which has seen "product misfires" and weak "retail execution".

Persons: Sarah Meyssonnier, Katrina O'Connell, Richard Dickson's, Barbie, Ananya Mariam Rajesh, Sriraj Organizations: REUTERS, Old Navy, Walmart, Advisory, Navy, Jefferies, Mattel, Banana Republic, Thomson Locations: Paris, France, trendier, encouragingly, Bengaluru

☆ China condemns Philippine re-supply mission to disputed atoll
▼ + stars: | 2023-10-05 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Erik De Castro/File Photo Acquire Licensing RightsBEIJING/MANILA, Oct 5 (Reuters) - China has condemned a mission by four Philippine ships to re-supply Philippine troops on a disputed South China Sea atoll, saying the vessels had entered its waters in the Spratly Islands without its permission. "Philippine supply ships and two coast guard ships entered the waters ... in China's Nansha Islands without permission from the Chinese government," China Coast Guard spokesperson Gan Yu said a post on its website, using China's name for the Spratly Islands. The atoll in the area is known as Ayungin in the Philippines, while China calls it the Renai Reef. read moreThe Philippine National Security Council (NSC) said its re-supply and rotation mission was completed despite attempts by a significant number of China Coast Guard and Chinese Maritime Militia to "harass and interfere" with it. China claims sovereignty over almost the entire South China Sea, pointing to a line on its maps that cuts into the exclusive economic zones of Vietnam, the Philippines, Malaysia, Brunei and Indonesia.

Persons: Thomas Shoal, Erik De Castro, Ferdinand Marcos Jr, Gan Yu, Thomas, Philippe, Ryan Woo, Karen Lema, Engen Tham, Kaiwen Xu, Robert Birsel Organizations: BRP, BRP Sierra Madre, Philippine Navy, REUTERS, Rights, China Coast Guard, Philippine National Security Council, Chinese Maritime Militia, Thomson Locations: BRP Sierra, Philippine, Spratly, South, Rights BEIJING, MANILA, China, Philippines, South China, China's Nansha, Palawan, United States, Manila, Vietnam, Malaysia, Brunei, Indonesia

☆ Gap shares jump as investors focus on profit beat over weak forecast
▼ + stars: | 2023-08-25 | by ( ) www.reuters.com time to read: +1 min

Aug 25 (Reuters) - Shares of Gap (GPS.N) climbed as much as 8% on Friday, after the apparel retailer's quarterly profit beat indicated that the Old Navy parent's cost cuts were paying off even as easing demand weighed on its sales forecast. Gross margin increased 310 basis points to 37.6% in the second quarter from a year earlier. "(It's) no easy task at hand, but the ground work has been laid," said Barclays analyst Adrienne Yih. Still, the company forecast a steeper-than-expected drop in current-quarter sales and missed sales expectations for the second quarter and also warned it was losing market share to rivals including Shein, Amazon and T.J. Maxx. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Barbie, Richard Dickson, Adrienne Yih, Ananya Mariam Rajesh, Sriraj Organizations: Old Navy, Jefferies, Bank of America, Mattel, Republic, Barclays, Maxx, Thomson Locations: Bengaluru

☆ Gap sees weak annual sales as inflation-hit consumers rein in spending
▼ + stars: | 2023-03-09 | by ( ) www.reuters.com time to read: +2 min

March 9 (Reuters) - Gap Inc (GPS.N) on Thursday posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates, signaling a slowdown in demand for its products as inflation-weary consumers curb discretionary spending. Shares of the company fell about 7% in extended trading after the Banana Republic parent also forecast first-quarter sales below estimates. The company also said president and chief executive officer of its Athleta brand, Mary Beth Laughton, was exiting the business, effective on Thursday. Sales at Old Navy, Gap's biggest brand, slid 6%, while at Athleta, which sponsors U.S. Olympic gymnast Simone Biles, they were down 1%. The company posted a fourth-quarter loss of 75 cents per share, compared to estimates of a loss of 46 cents.

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