Gap Inc on Thursday raised its full-year net sales forecast for the second time, betting on hot demand for its Old Navy and Athleta clothing brands as socializing makes a comeback with easing pandemic curbs.
Gap-owned brand Athleta is teaming up with Allyson Felix and the Women's Sports Foundation to launch a first-of-its-kind grant program that commits $200,000 to help fund child care costs for professional mom-athletes.
Gap is going online-only in the UK and Republic of Ireland with news on Wednesday that it’s closing all 81 of its stores in the British Isles, rather than just the 19 that had already been announced for closure in July.
The luxury parka maker said on Thursday it would stop making its products with fur by the end of 2022 as the company looks to become more environmentally conscious after years of backlash over its use of coyote fur.
Telfar, the Brooklyn-based fashion label founded by designer Telfar Clemens, and Decker Brands-owned footwear and lifestyle brand, Ugg, launched on Monday their long anticipated collaborative collection.