and Inditex continues to outperform rivals Gap Inc and H&M in that respect. Better still, the company also widened its gross profit margin, a key indicator of performance, to almost 59%. Volkswagen

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Gap Inc appointed Jamie Gersh as chief marketing officer of its Old Navy business, filling a position that has been vacant since the departure of Ivan Wicksteed earlier this year. For the past six months,

and finally topped Gap in 2009. Inditex was already bigger than Gap by store numbers. By early 2018, the group's portfolio housed 7,475 outlets worldwide. Zara is by far the most widespread brand, accounting

A solitary ray of sunshine came unexpectedly from Gap Inc's Old Navy chain, which offset the retail gloom with a better than expected same stores increase of 12%. Gap itself generated a lift of only 1%

Shares in global fashion retailer Gap Inc plunged to their lowest level in over four years following a profit warning. Comparable group sales for the latest quarter fell by 5%, with declines for all three

Another troubled fashion retailer, Gap Inc, finally called an end to 14 months of declining same-store sales with a long-hoped-for increase at Old Navy, up 5% for the month of June. That offset continuing

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