The San Francisco-based lifestyle retailer announced a net loss of $152 million, or $0.40 per diluted share, for the third quarter, on Tuesday, as the company struggled with ongoing global supply chain issues.
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15 published items with the word (s) or phrase Sonia Syngal in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Gap swings to loss as sales suffer from supply chain disruptions")
Gap swings to loss as sales suffer from supply chain disruptions -
![]( "Gap Inc. appoints Lisa Donohue to board of directors")
Gap Inc. appoints Lisa Donohue to board of directorsGap Inc. announced on Monday that Lisa Donohue has been elected to its board of directors, bringing 30 years of global consumer, data and digital marketing leadership to the company.
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![]( "Old Navy, Athleta power Gap sales forecast, shares jump")
Old Navy, Athleta power Gap sales forecast, shares jumpGap Inc on Thursday raised its full-year net sales forecast for the second time, betting on hot demand for its Old Navy and Athleta clothing brands as socializing makes a comeback with easing pandemic curbs.
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![]( "Gap raises 2021 forecasts as apparel shopping gains momentum")
Gap raises 2021 forecasts as apparel shopping gains momentumGap Inc raised its forecast for annual sales and profit, expecting an unabated surge in demand for new apparel as more people begin to step out and socialize after a year of hunkering down at home due to the pandemic.
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![]( "Gap posts improved comps on Athleta and Old Navy strength, appoints new Banana Republic CEO")
Gap posts improved comps on Athleta and Old Navy strength, appoints new Banana Republic CEOThe American fashion company reported a 5% increase in comparable sales in Q3 on Tuesday and announced the appointments of a new chief growth officer and a new president and CEO of Banana Republic.
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![]( "Mark Breitbard steps away from Banana Republic to focus on Gap brand")
Mark Breitbard steps away from Banana Republic to focus on Gap brandGap announced on Wednesday that company veteran Mark Breitbard will be focusing on his role as global head of the group’s namesake label, leaving the leadership of the Banana Republic brand open.
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![]( "Gap posts surprise rise in comparable sales as Old Navy, Athleta boost online demand")
Gap posts surprise rise in comparable sales as Old Navy, Athleta boost online demandApparel retailer Gap reported a surprise 13% rise in quarterly comparable sales on Thursday, as consumers stuck at home due to the COVID-19 pandemic bought more of its Old Navy and Athleta clothing online.
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![]( "Gap reports huge first-quarter loss on coronavirus-led store closures")
Gap reports huge first-quarter loss on coronavirus-led store closuresGap Inc on Thursday reported a whopping first-quarter loss of $932 million as the apparel retailer wrote down the value of some assets due to coronavirus-driven store closures.
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![]( "Gap to furlough majority of North America retail staff, reduces global HQ count")
Gap to furlough majority of North America retail staff, reduces global HQ countGap Inc. announced on Monday that it was extending its store closures, forcing the company to furlough the majority of its store teams in the United States and Canada, as well as head office employees globally.
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![]( "Gap scraps 2020 forecast, draws down $500 million credit on coronavirus crunch")
Gap scraps 2020 forecast, draws down $500 million credit on coronavirus crunchGap Inc on Thursday withdrew its full-year forecast issued two weeks ago, suspended its dividend and said it will draw down on its $500 million credit facility as the retailer looks to weather the coronavirus crisis.