Gymboree To Sell Off Brands
The deals with Gap and The Children’s Place were disclosed in bankruptcy filings.
Gap to Spin off Old Navy, Keep Specialty Brands
"It’s clear that Old Navy’s business model and customers have increasingly diverged from our specialty brands over time."
Gap’s Namesake Brand Weighs on Comp Sales
The retailer plans to focus on the "healthy core" of Gap specialty stores while exiting "those that do not fit the future vision quickly.”
Gap Revenue Tops Estimates, But Earnings Fall Short
The retailer affirmed full-year guidance and plans to open 60 Old Navy stores by the end of the year.
CFOs on the Move: Week Ending Nov. 18
CBS Radio, Gap, Sheppard Pratt, Zebra Tech., NRG Yield, Huntsman, Align Tech., AmWINS, NN, Miller Industries
CFOs on the Move: Week Ending Nov. 4
Hearst Television, Gap, ADT, USA Truck, Black Stone Minerals, CyrusOne, Exterran, General Cable, Nancy Buese, Rocket Fuel
Gap’s Credit Rating Downgraded to Junk
Fitch Ratings expresses doubts about Gap's cost-cutting strategy, saying earnings will fall this year even with $100 million in expense reduction.
Gap Profit Falls Amid Revamp of Flagship Brand
The retailer's new CEO is still confident his strategy to fix the Gap stores will improve financial performance.
Denim’s Decline Challenges Mall Operators
CFOs of mall companies should be extra careful now in who they grant leases to, bankruptcy attorney says.
The HR and Sustainability Nexus: An Untapped Asset?
A combination of a sustainable approach and a strong HR role may be a recipe for high performance.