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Gap Inc. appoints new global head of Gap brand

Gap Inc. has announced the appointment of Neil Fiske as President and Chief Executive Officer of Gap brand. Fiske will begin his new role on June 20, 2018, and will serve on the company’s senior leadership team, reporting to...

Gap to shutter 65 stores owing to sluggish demand

Gap Inc, which is struggling to keep its head above troubled waters, has decided to shut 65 stores, as opposed to the previous number of 50 stores. The company's shares fell 4.9 percent to $29.21 on Thursday. The ailing apparel retailer...

Steepest decline for UK fashion market since 2009: Kantar Report

The British fashion market has witnessed its steepest decline since 2009, according to the latest figures from Kantar Worldpanel. Data to the 52 weeks ending 25 September 2016 revealed that the market has now seen four months of consecutive...

Global Brands in India: The Latest Wave

Foreign Brands Sailing in Indian Waters With its huge catchment and consumption positive demographics the attractiveness of India as a destination market was never in doubt but the pre-game rules threw questions. “Are Indian manufacturers equipped to produce the high-end...

Success Story: Why Uniqlo is Asia's top apparel retailer

Uniqlo, Japan's largest apparel retail chain with a 6.5 per cent share of the ¥10.7 trillion Japanese apparel market, is one of the most awaited brands in India today. In 2014, there was a rumour that Uniqlo - which had a network of...

Gap Inc posts 47 pc drop in Q1, to shut down 75 stores

On Thursday, Gap Inc. announced that it was shutting down 75 Old Navy and Banana Republic stores, and redirect focus on more successful and profitable stores. The company said in a statement that of the 75 stores, 53 were...

Gap sales slide in April, retailer gives grim outlook

US-based clothing supergiant Gap Inc says that sales in April at established stores fell 7 per cent, with total sales declining as well. The San Francisco-based retailer said on Monday that it is looking for ways to be more efficient...

Sonia Syngal

Sonia Syngal Global President, Old Navy Sonia is a BS in Mechanical Engineering from Kettering University and MS in Manufacturing Systems from Stanford University. A design-driven and innovative leader, she began her career with Fortune 500 companies like Sun Microsystems where she...

Sonia Syngal named president of Gap's Old Navy

Gap Inc, the apparel retailer has raised Sonia Syngal to the post of president in Gap's Old Navy division. Sonia, who has worked with Gap for more than 12 years, replaced Stefan Larsson who served the company as the Global...
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Digital Icon : Nitin Malhotra

With over 20 years of experience in the consumer goods industry, Nitin Malhotra is recognised for his expertise in...
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