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February 11, 2013
05:56 EDTGPSGap's results improve with its fashion sense, WSJ reports
Finally, Gap (GPS) is retaking lost ground, reports the Wall Street Journal. The company's latest fiscal year showed upward improvement, the result of an improved fashion sense that involved colorful jeans and sleek, "Mad Men"-style suits. Gap reported an 8% increase in January sales, excluding newly opened stores, and completed the 12 months ended February 2 with $15.7B in net sales, up 6.4% from $14.7B a year earlier. Over the past year, the company's shares are up almost 50%. Reference Link
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July 21, 2014
14:02 EDTGPSGap expands brand to Slovenia and Austria
Gap announced that it will introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat International has been selected for the launch of Slovenia and Gottex, which currently manages the Gap franchise business in Israel and Hungary, will launch Austria. Gap has signed a new agreement with Magistrat International to open three stores for the first time later this year in the capital city of Ljubljana. City Park. All locations are scheduled to open by September this year. Gap will also open its first store in Vienna, Austria this October through an existing relationship with Gottex Brands, which is a part of the Trimera Group.

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