Jews of the Week: Doris and Donald Fisher – The Gap
Donald George Fisher (1928-2009) was born in San Francisco to a middle-class Jewish family. Soon after graduating with a business degree from UC Berkeley, he married Stanford graduate Doris Feigenbaum (b. More...
The Gap to Close 175 Stores
– – In yet another sign that traditional “brick and mortar” stores are dying out due to competition from E commerce, one of America’s most iconic clothing retailers, Gap inc., More...
KKR, Fajr close in on stake in Mideast retailer Azadea: sources told Reuters
Kohlberg Kravis Roberts KKR & Co and Dubai-based Fajr Capital are close to buying a 25 percent stake in fashion retailer Azadea Group, said three sources aware of the matter, in what would be the U.S. More...
Gap Shutting Down ‘Piperline’ e-Commerce Brand
Clothing conglomerate Gap Inc. is to cease operations of its stand-alone e-commerce brand as part of the company’s overhaul aimed at improving its brands’ reputations, a report said. Gap’s online clothing More...
Bethenny Frankel Getting Into Pot Business
Bethenny Frankel is making preparations ahead of the launch of her planned “Skinnygirl Marijuana, ” which she boasts will be a special brand of pot that will not give users the munchies. To do market research More...
Fast Money Trades for Tuesday: EWQ, XRT, Foot Locker and The Gap
Traders on CNBC’s Fast Money discussed trades for Tuesday, November 25. Tim Seymour would buy the iShares MSCI France ETF EWQ, because he thinks the stimulus in Europe is going to take hold and there More...
Zalando to Sell Gap Clothes in Europe, Gap rises after deal
– Gap Inc has struck a deal with Europe’s largest dedicated online fashion retailer Zalando to sell its core brand from next May, hoping to reach more consumers, particularly in markets where More...
Gap cuts profit forecast as demand slows for Old Navy brand
– Apparel retailer Gap Inc cut its full-year earnings forecast as sales at the Gap brand continued to fall and demand for the cheaper Old Navy clothing slowed. The company’s shares fell 4.4 percent More...
Gap expanding quickly in Asia
– Gap Inc. has announced plans to expand quickly in Asia as it tries to tap into growing demand there. The San Francisco-based retailer said that it is opening its first namesake store in Guangzhou this More...
Jim Cramer: The Gap Just Isn’t That Bad
Shares of The Gap fell as CEO Glenn Murphy announced his departure. Cramer doesn’t think Murphy was doing a poor job, but it might be a “what have you done for me lately” situation. Murphy More...