Latest news with #Gap
Fashion Network
3 hours ago
- Entertainment
- Fashion Network
Gap and Béis unveil travel collaboration
Gap has partnered with lifestyle brand Béis, founded by actress and entrepreneur Shay Mitchell, on a limited-edition travel collection launching August 1. The collaboration merges Gap's iconic American essentials with Béis's function-forward design ethos, offering a 25-piece capsule of apparel, luggage, and travel bags. The luggage and bags come in a limited-edition blue inspired by Gap's iconic denim, while the apparel is offered in a range of Béis's signature colorways including beige, black and the cult-favorite Berry Pink. Retailing from $8 to $378, highlights include a convertible jumpsuit, a hoodie with a built-in inflatable neck pillow, and Béis's best-selling Carry-On Roller. The collection's Weekender Bag and Travel Backpack are equally tailored for function, offering features like compression panels, wide openings, padded laptop compartments, and separate storage zones. 'Béis is built on functional and accessible design. Partnering with Gap let us bring Béis-ics to more people than ever,' said Mitchell. 'I've been wearing Gap since I was a kid, so designing a collection that allows you to express your personal style while on the go feels like a full circle moment. This line is for anyone who wants to look good, feel good, and travel in style.' The collection launches with a campaign featuring a 75-second film, 'Go Big. Don't Go Home.,' shot by Bjorn Iooss and directed by Andrew B. Myers. The creative vision comes from Mitchell and her partner Matte Babel, who also appear in the video alongside their children, Atlas and Rome. 'As a brand known for iconic essentials, we knew a collection designed to showcase your personal style wherever life takes you would resonate deeply with our customers,' added Mark Breitbard, president and CEO of Gap brand. 'Béis has built a powerful brand with a highly engaged community, driven by Shay's authentic connection to her audience. Gap × Béis delivers a modern take on versatile travel wear, brought to life through a digitally led campaign that reflects the built-in memories of traveling with a family.'
Fashion Network
3 hours ago
- Entertainment
- Fashion Network
Gap and Béis unveil travel collaboration
Gap has partnered with lifestyle brand Béis, founded by actress and entrepreneur Shay Mitchell, on a limited-edition travel collection launching August 1. The collaboration merges Gap's iconic American essentials with Béis's function-forward design ethos, offering a 25-piece capsule of apparel, luggage, and travel bags. The luggage and bags come in a limited-edition blue inspired by Gap's iconic denim, while the apparel is offered in a range of Béis's signature colorways including beige, black and the cult-favorite Berry Pink. Retailing from $8 to $378, highlights include a convertible jumpsuit, a hoodie with a built-in inflatable neck pillow, and Béis's best-selling Carry-On Roller. The collection's Weekender Bag and Travel Backpack are equally tailored for function, offering features like compression panels, wide openings, padded laptop compartments, and separate storage zones. 'Béis is built on functional and accessible design. Partnering with Gap let us bring Béis-ics to more people than ever,' said Mitchell. 'I've been wearing Gap since I was a kid, so designing a collection that allows you to express your personal style while on the go feels like a full circle moment. This line is for anyone who wants to look good, feel good, and travel in style.' The collection launches with a campaign featuring a 75-second film, 'Go Big. Don't Go Home.,' shot by Bjorn Iooss and directed by Andrew B. Myers. The creative vision comes from Mitchell and her partner Matte Babel, who also appear in the video alongside their children, Atlas and Rome. 'As a brand known for iconic essentials, we knew a collection designed to showcase your personal style wherever life takes you would resonate deeply with our customers,' added Mark Breitbard, president and CEO of Gap brand. 'Béis has built a powerful brand with a highly engaged community, driven by Shay's authentic connection to her audience. Gap × Béis delivers a modern take on versatile travel wear, brought to life through a digitally led campaign that reflects the built-in memories of traveling with a family.'
Fashion Network
5 hours ago
- Entertainment
- Fashion Network
Gap and Béis unveil travel collaboration
Gap has partnered with lifestyle brand Béis, founded by actress and entrepreneur Shay Mitchell, on a limited-edition travel collection launching August 1. The collaboration merges Gap's iconic American essentials with Béis's function-forward design ethos, offering a 25-piece capsule of apparel, luggage, and travel bags. The luggage and bags come in a limited-edition blue inspired by Gap's iconic denim, while the apparel is offered in a range of Béis's signature colorways including beige, black and the cult-favorite Berry Pink. Retailing from $8 to $378, highlights include a convertible jumpsuit, a hoodie with a built-in inflatable neck pillow, and Béis's best-selling Carry-On Roller. The collection's Weekender Bag and Travel Backpack are equally tailored for function, offering features like compression panels, wide openings, padded laptop compartments, and separate storage zones. 'Béis is built on functional and accessible design. Partnering with Gap let us bring Béis-ics to more people than ever,' said Mitchell. 'I've been wearing Gap since I was a kid, so designing a collection that allows you to express your personal style while on the go feels like a full circle moment. This line is for anyone who wants to look good, feel good, and travel in style.' The collection launches with a campaign featuring a 75-second film, 'Go Big. Don't Go Home.,' shot by Bjorn Iooss and directed by Andrew B. Myers. The creative vision comes from Mitchell and her partner Matte Babel, who also appear in the video alongside their children, Atlas and Rome. 'As a brand known for iconic essentials, we knew a collection designed to showcase your personal style wherever life takes you would resonate deeply with our customers,' added Mark Breitbard, president and CEO of Gap brand. 'Béis has built a powerful brand with a highly engaged community, driven by Shay's authentic connection to her audience. Gap × Béis delivers a modern take on versatile travel wear, brought to life through a digitally led campaign that reflects the built-in memories of traveling with a family.'
Yahoo
14 hours ago
- Business
- Yahoo
Q1 Earnings Outperformers: Gap (NYSE:GAP) And The Rest Of The Apparel Retailer Stocks
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at apparel retailer stocks, starting with Gap (NYSE:GAP). Apparel sales are not driven so much by personal needs but by seasons, trends, and innovation, and over the last few decades, the category has shifted meaningfully online. Retailers that once only had brick-and-mortar stores are responding with omnichannel presences. The online shopping experience continues to improve and retail foot traffic in places like shopping malls continues to stall, so the evolution of clothing sellers marches on. The 9 apparel retailer stocks we track reported a mixed Q1. As a group, revenues beat analysts' consensus estimates by 0.8% while next quarter's revenue guidance was in line. While some apparel retailer stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 2.1% since the latest earnings results. Gap (NYSE:GAP) Operating under the Gap, Old Navy, Banana Republic, and Athleta brands, Gap (NYSE:GAP) is an apparel and accessories retailer selling casual clothing to men, women, and children. Gap reported revenues of $3.46 billion, up 2.2% year on year. This print exceeded analysts' expectations by 1.3%. Overall, it was a very strong quarter for the company with a solid beat of analysts' EBITDA estimates and a decent beat of analysts' EPS estimates. "Gap Inc. delivered strong first quarter results, exceeding financial expectations and gaining market share for the 9th consecutive quarter," said President and Chief Executive Officer, Richard Dickson. Unsurprisingly, the stock is down 28.8% since reporting and currently trades at $19.89. Is now the time to buy Gap? Access our full analysis of the earnings results here, it's free. Best Q1: Urban Outfitters (NASDAQ:URBN) Founded as a purveyor of vintage items, Urban Outfitters (NASDAQ:URBN) now largely sells new apparel and accessories to teens and young adults seeking on-trend fashion. Urban Outfitters reported revenues of $1.33 billion, up 10.7% year on year, outperforming analysts' expectations by 2.5%. The business had a stunning quarter with an impressive beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Urban Outfitters achieved the fastest revenue growth among its peers. The market seems happy with the results as the stock is up 27.6% since reporting. It currently trades at $76.06. Is now the time to buy Urban Outfitters? Access our full analysis of the earnings results here, it's free. Weakest Q1: American Eagle (NYSE:AEO) With a heavy focus on denim, American Eagle Outfitters (NYSE:AEO) is a specialty retailer offering an assortment of apparel and accessories to young adults. American Eagle reported revenues of $1.09 billion, down 4.7% year on year, in line with analysts' expectations. It was a softer quarter as it posted a significant miss of analysts' EBITDA estimates and a significant miss of analysts' EPS estimates. Interestingly, the stock is up 3.2% since the results and currently trades at $11.54. Read our full analysis of American Eagle's results here. Victoria's Secret (NYSE:VSCO) Spun off from L Brands in 2020, Victoria's Secret (NYSE:VSCO) is an intimate clothing and beauty retailer that sells its own brands of lingerie, undergarments, and personal fragrances. Victoria's Secret reported revenues of $1.35 billion, flat year on year. This print surpassed analysts' expectations by 0.8%. Zooming out, it was a satisfactory quarter as it also logged a solid beat of analysts' EPS estimates but a significant miss of analysts' gross margin estimates. Victoria's Secret scored the highest full-year guidance raise among its peers. The stock is down 10.2% since reporting and currently trades at $19.94. Read our full, actionable report on Victoria's Secret here, it's free. Torrid (NYSE:CURV) Promoting a message of body positivity and inclusiveness, Torrid Holdings (NYSE:CURV) is a plus-size women's apparel and accessories retailer. Torrid reported revenues of $266 million, down 4.9% year on year. This number came in 1.6% below analysts' expectations. Overall, it was a slower quarter as it also produced a significant miss of analysts' gross margin estimates and EBITDA guidance for next quarter missing analysts' expectations significantly. Torrid had the weakest performance against analyst estimates and weakest full-year guidance update among its peers. The stock is down 47.5% since reporting and currently trades at $2.62. Read our full, actionable report on Torrid here, it's free. Market Update In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
15 hours ago
- Business
- Yahoo
Gap appoints former Nike executive Maggie Gauger as Athleta CEO
Gap, owner of the Old Navy, Gap, Banana Republic and Athleta brands, has announced Maggie Gauger as its new global brand president and as CEO of Athleta from 1 August 2025. She succeeds Chris Blakeslee, who will remain as an advisor to the company. Gap CEO Richard Dickson stated: "As we continue to reinvigorate our house of iconic American brands to not only shape culture but drive profitable, sustainable growth over the long term, we believe in Athleta's incredible potential in the women's active market and within our portfolio. "Over the past two years, Chris has led the early stages of Athleta's reset, recentring the brand to win with innovative performance product and refining the brand's point of view, helping to position Athleta for the future." Gauger brings more than two decades of experience from her tenure at Nike, where she most recently led the North America women's business. She has a proven track record of driving growth and brand and customer affinity in the active and athleisure market. Gauger has experience in retail, strategy, merchandising, product creation, commerce, digital and general management. Her appointment comes as Gap looks to 'accelerate the brand's reinvigoration'. Athleta reported a 6% decrease in net sales for the quarter, totalling $308m, with comparable sales dropping 8% compared to the previous year. Efforts are underway to revitalise the brand, enhancing both product offerings and marketing strategies - expected to be a gradual process. Gauger stated: "Athleta has an unwavering mission focused on the power of women - not just as athletes, but as leaders, creators and change-makers. And I can't wait to work with the incredible Athleta team to grow, to lead and to inspire the next generation through the power of product and community." Gap reported net sales increase of 2% in the first quarter (Q1) of fiscal 2025, reaching $3.46bn. "Gap appoints former Nike executive Maggie Gauger as Athleta CEO" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
