Things are still looking dour at Banana Republic, despite Marissa Webb's attempts, creatively at least, to revive the brand. For the three months ending Oct. 31, sales at the Gap Inc.-owned retailer declined 12 percent
Gap Inc. GPS, +0.86% shares fell 6.1% in after-hours trading after it reported a 3% October decrease in same-store sales. Banana Republic had a 15% same-store sales decline for the month. Same-store sales fell 2% for the same period in 2014.
Michael Anderson, senior vice president of design for Banana Republic, took his design team on an inspiration trip to the South, stopping in Savannah, Ga., New Orleans and Nashville. “The South is known for color and prints and its joy of life, and
Can't wait to get a jump start on your holiday shopping? Neither could Old Navy! Starting Wednesday and through Black Friday, everything in the store is 50% off. The deals don't end on Friday, with 40% off the entire store on Saturday and 30% off the
We're always looking for the freshest new ideas in corporatespeak, which is why we're very fond of a term that a Gap Inc. spokesperson used recently regarding falling sales at their Banana Republic brand. They called it