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Stock Market & Financial Investment News

News Breaks
April 16, 2014
13:06 EDTGPSGap sees China sales $1B within three years
Gap announced that, building on Old Navyís recent debut in mainland China and Gapís growing store base in China, the company expects sales in the country to reach $1B in three years. The company also said that, as part of its annual investor meeting, it will discuss plans to grow through expansion in Asia, as well as in its global outlet, online and franchise channels.
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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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