Gap Inc. (NYSE:GPS) Pushing For Market Share In Europe After Partnering With Zalando

Boston, MA 11/24/2014 (wallstreetpr) –  Gap Inc. (NYSE:GPS) has reached an agreement that will allow it to sell its clothes on Zalando’s online fashion platform, considered the biggest in Europe. Gap is to open an online shop on Zalando as part of the agreed partnership where it will sell clothes for men, women and babies […]

Stock Update: The Gap Inc. (NYSE:GPS); Advanced Micro Devices, Inc. (NYSE:AMD); Microsoft Corporation (NASDAQ:MSFT)

Boston, MA 10/09/2014 (wallstreetpr) – Specialty apparel firm The Gap Inc. (NYSE:GPS) announced late on 8th October that it’s Chairman of the Board, Chief Executive Officer Glenn K. Murphy has tendered his resignation to the board of directors. His resignation will become effective on February 1st. It also announced that Art Peck would be moving […]

The Gap Inc. (NYSE:GPS) Feels 3Q2014 Margin Pressure: Analysts Reports

Boston, MA 09/08/2014 (wallstreetpr) – According to a few analysts, The Gap Inc. (NYSE:GPS) may feel the margin pressure in the 3Q2014. The main reason behind it as per the information revealed by the experts is nothing but the initiatives taken by GPS to clear its excessive stock. Below Expectations Sales Affects GPS Stocks: The […]

The Gap Inc. (NYSE:GPS) Sales Declines By 6%, Performs Below Expectations

Boston, MA 09/05/2014 (wallstreetpr) – According to recent reports, The Gap Inc. (NYSE:GPS) fell by 6% to $43.90 in the stock market after announcing below expectations same-store sales. The overall sales of GPS dropped by 6% compared to analysts projection of 0.4% in the month of August. What’s The Probable Reason: As per the reports, […]

Why Foray Into India Makes Much Sense For The Gap Inc. (NYSE:GPS)

Boston, MA 08/22/2014 (wallstreetpr) – The Gap Inc. (NYSE:GPS) announced its 2Q results in which the company performed better than it did in the like quarter in the prior year. In fact, it also surpassed consensus estimates on both earnings and revenue. The global specialty apparel company realized a net profit of $332 million or […]

The Gap Inc. (NYSE:GPS) Becomes The First Apparel Retailer To Proceed Towards Myanmar

Boston, MA 06/13/2014 (wallstreetpr) – The Gap Inc. (NYSE:GPS), the apparel retailer is seeking to expand to Myanmar, the former Burma, as it commissions two facilities Yangon, the capital city of the country. Gap Inc., the parent company of several apparel brands including Old Navy, Banana Republic, Piperlime, Athleta and Gap, is planning to produce […]

Campaigns Against Brands Of The Gap Inc. (NYSE:GPS)

Boston, MA 10/23/2013 (wallstreetpr) – The Gap Inc. (NYSE:GPS) has been suffering a lot recently as The Other 98% ,, and Indigenous Designs launched a human rights campaign, Shop Your Values, that encourages shoppers to boycott Old Navy, Banana Republic stores, and GAP as they have refused to sign the Bangladesh Worker Safety Accord. Throughout Europe and […]

The Gap Inc. (NYSE:GPS) Reported Decline Of Same-Stores Sales By 3%

Boston, MA 10/14/2013 (wallstreetpr) – The biggest U.S. specialty- apparel dealer, The Gap Inc. (NYSE:GPS)) announced that same-store sales declined by 3%. This value had been estimated to be on the profit side by 1.8% according to most of the analysts. In the estimate for the September same-store sales, what perhaps the analysts missed out was […]

ActivewearUSA giving run for money to Lululemon- LULU, GPS, and RL

In this huge market of apparels especially women apparels, Lululemon Athletica inc. (NASDAQ:LULU) opened new doors by launching their first collection of Yoga and Athletic Outfits in the market recently. This came as a surprise package to all mainstream and fashionable women. One of its kinds Lululemon Athletica inc. (NASDAQ:LULU) considers itself an athletic apparel […]

Urban Outfitters (NASDAQ:URBN) Declares Profit Surges 17% – URBN, GPS, ANF, AEO, CHS

Urban Outfitters, Inc. (NASDAQ:URBN) announced on late Monday that its fiscal Q3 profit soared to $59.5M, or 40 cents a share, from $50.7 million, or 33 cents, a year before. Revenue for the quarter ended Oct. 31 moved up to $692.9 million from $609.9 million. Overall, net sales increased 14 percent though similar-store sales plunged […]

Gap (NYSE:GPS) Raise Guidance on Stronger Q3 Results – GPS, ANF, ROST, KORS, AEO

Shares of The Gap Inc. (NYSE:GPS) rose about 4% in premarket after it raised its view for the year following reporting better Q3 net income that tops Wall Street prospect on Thursday. For the quarter, the firm declared revenue at stores open as a minimum a year for the period increased 6% in North America. […]

Abercrombie & Fitch (NYSE:ANF) Declares Higher Profit On Improve Demand – ANF, KORS, AEO, ARO, GPS, GS

Abercrombie & Fitch Co. (NYSE:ANF) announced on Wednesday a higher quarterly profit following improved demand in foreign markets, prompting the firm to estimate yearly earnings above Wall Street’s anticipates. Shares of the firm, which selected Goldman Sachs Group Inc (NYSE:GS) in September to help ward off pressure from investors, rose 21% to $37.75 in trading […]

Michael Kors (NYSE:KORS) Declares Upbeat Earning – KORS, GPS, AEO, ANF, LTD

Michael Kors Holdings Ltd (NYSE:KORS) declared on Tuesday that that fiscal Q2 net income over tripled. The retailer reported that it generated $97.8M, or 49 cents a share, increased from $31.6M, or 22 cents a share, in the similar quarter previous year. Revenue surged by 74% to $532.9M from $305.5M. Analysts had anticipated earnings of […]