Gap To Launch New ChainHigh street giant Gap is planning to launch a new chain aimed at the 35 to 50 year-old woman who is seeking moderately priced clothes, as was published in Business Week.The publication further stated the US-based company has been interviewing outside executives to run the chain as well as designers.With the markets looking for growth at Gap and its high profile turnaround having faltered in recent months, a new chain is a logical move and could generate an additional USD1bn-2bn a year in sales, the report said. Gap would need to open between 200 and 400 locations to meet that target.The younger baby boomer the chain would aim to attract, with apparel ranging from weekend wear to office outfits, offers strong potential and minimal cannibalisation of Gap's existing three chains. It also taps into a consumer who still rates clothing as a key purchase, rather than older baby boomers who do not buy as many clothes.

week 5 Gap inc. (Product) RED

Gap (PRODUCT) RED is about great products that can help make a difference for Africa. As a global partner of (PRODUCT) RED, we’re contributing half the profits from Gap (PRODUCT) RED sales to the Global Fund to help women and children affected by HIV/AIDS in Africa.

In support of RED, Gap is developing a special collection of items to be sold initially in the UK and US markets. The first piece of the collection to debut will be a t-shirt, the most iconic of Gap’s items. The 100% African-made, vintage-style t-shirt will come in red, and a range of other colors, for both men and women. The t-shirt will be available in UK stores in Spring 2006. The enhanced collection will be launched in Fall 2006 – again rooted in classic Gap items, but featuring special details inspired by RED.

Week 3- Stock Market (Gap inc.)

Gap same stores sales slip 1%. Analysts, on average, had expected the same store sales to be down 2%. Total sales for the 4 weeks ended 9/6/07 rose 4% to 1.2 billion.
GPS: 18.00 + 0.29 +1.6% in sales report.

Gap Inc.

Don Fisher created gap with a simple idea; to make it easier to find a pair of jeans. He had the idea to make jeans for all body types. Jeans came in all sizes and styles.

Today Gap Inc. is one of the worlds largest specialty retailers with more than 3,100 stores and fiscal 2006 revenues of 15.9 billion.

The original Gap advertising song phrase was rock music.