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News Breaks
December 18, 2012
12:39 EDTGPSGap announces plans to open first stand-alone stores in Brazil
Gap announced plans for the first stand-alone Gap stores in Brazil as part of the company's continuing global expansion strategy. Gap Inc. signed an agreement with Tudo Bom Comercio Ltda. for the planned opening of the first stores in the fall of 2013. Gap Inc. plans to expand its store base in the country over the next five years, part of its strong platform of growth in the Brazilian retail market. "Brazil is a critical next step in our global expansion strategy and we are excited to introduce our store experience to customers," said Stefan Laban, Managing Director of Strategic Alliances, Gap Inc. "Given that Brazil is the fifth largest country in the world and the largest Latin American economy, we feel that this market provides us with an incredible growth opportunity." Previously, Gap offered its products solely through duty-free channels throughout Brazil. The first Gap stores will open in Sao Paulo, the country's largest city followed by Rio de Janerio. The stores will house Gap, GapKids and babyGap collections.
News For GPS From The Last 14 Days
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October 24, 2014
12:21 EDTGPSAbercrombie & Fitch retreats after Goldman cuts to Sell
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October 22, 2014
10:36 EDTGPSGap October calls active amid speculation it is reviewing strategic alternatives
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10:12 EDTGPSRumor: Gap up amid speculation it is reviewing strategic alternatives
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October 16, 2014
09:28 EDTGPSGap announces $500M share repurchase authorization
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09:00 EDTGPSGap approves $500M share repurchase authorization
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06:06 EDTGPSStocks with implied volatility below IV index mean; FXE GPS
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October 15, 2014
06:06 EDTGPSStocks with implied volatility below IV index mean; GPS EBAY
Stocks with implied volatility below IV index mean; eBay (EBAY) 31, Gap (GPS) 35 according to iVolatility.
October 14, 2014
12:01 EDTGPSGap adds 63K jobs this holiday season
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06:01 EDTGPSStocks with implied volatility below IV index mean; GPS EBAY
Stocks with implied volatility below IV index mean; eBay (EBAY) 31, Gap (GPS) 35 according to iVolatility.
October 13, 2014
06:12 EDTGPSStocks with implied volatility below IV index mean; GPS EBAY
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October 10, 2014
06:00 EDTGPSStocks with implied volatility below IV index mean; GPS EBAY
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