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The Latest Breaking News from Old Navy

Old Navy, a downtown mainstay, is closing its State Street store

The retailer has operated at the location since 2012. Three other Old Navy stores remain open near downtown. Analysts expect the prime corner to find a new tenant.

Chicago Sun-Times

‘The Power of Plus’ author Gianluca Russo wants fashion to face its toxic, fatphobic tendencies

“This industry is still incredibly far behind from where it should be, and if we don’t talk about that and analyze that, what are we doing for future generations?”

Mic

Gap CEO Steps Down. Should We Take Advantage of the Stock’s Downward Move?

Apparel retailer Gap’s (GPS) CEO recently stepped down, which seems to have weighed down its stock price. With the stock in a downward trend, will it be wise to invest in it now? Read on to find out….

StockNews.com

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Old Navy’s Bored Ape Yacht Club T-shirts are pure monkey business

The mall brand has licensed Bored Ape #7285 for a graphic tee.

Input

Gap Analysts React To Mixed Q1 Earnings: 'Disappointed, But Not Surprised'

Shares of Gap Inc (NYSE: GPS) intially dropped more than 5% on Friday after the company reported first-quarter earnings and cut its full-year profit guidance.

Benzinga

Old Navy Made Clothing Sizes for Everyone. It Backfired.

Old Navy set out to make clothes shopping more inclusive for women of all body types. It ended up with too many extra-small and extra-large items and too few of the rest, a mismatch that frustrated customers and contributed to falling sales and a management shake-up.

Bangkok Post

Store credit cards generate corporate profits and disgruntled workers

Clothing retailers sell their shoppers more than jeans and sweaters.

The Conversation

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Shrinking the Gap: how the clothing brand lost its way

Gap’s clothes defined an era, but it has been steadily declining for years. Can a collaboration with Kanye West revive its fortunes – or is it just another sign of a brand flailing around for an identity?

The Guardian - UK

BofA Downgrades Gap On Old Navy Concerns

Old Navy, which contributes to around 55% of Gap Inc’s (NYSE: GPS) sales, is likely to be “disproportionately hurt” by its exposure to low-income consumers and worsening supply chain disruptions, according to BofA Securities.

Benzinga

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