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In 2017, Gap Closed All Seven of Its Stores in Israel. (62) in 2018, Gap Closed All Its Stores in Australia.

Gap operates stores in the United States, Canada, Mexico, the United Kingdom, France, Italy, Ireland, Japan, China, and Taiwan as of May 2016. Through both company-owned and franchised stores, Gap brands like Gap, Banana Republic, Athleta, Intermix, and Old Navy have a presence in 43 countries. However, Gap has closed all Old Navy stores in Japan in 2016, all stores in Israel in 2017, and all stores in Australia in 2018 due to poor financial performance in certain markets.

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Kristina Kolodeeva
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70 views1 page

In 2017, Gap Closed All Seven of Its Stores in Israel. (62) in 2018, Gap Closed All Its Stores in Australia.

Gap operates stores in the United States, Canada, Mexico, the United Kingdom, France, Italy, Ireland, Japan, China, and Taiwan as of May 2016. Through both company-owned and franchised stores, Gap brands like Gap, Banana Republic, Athleta, Intermix, and Old Navy have a presence in 43 countries. However, Gap has closed all Old Navy stores in Japan in 2016, all stores in Israel in 2017, and all stores in Australia in 2018 due to poor financial performance in certain markets.

Uploaded by

Kristina Kolodeeva
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Gap operates company-owned stores in the United States, Canada, Mexico, the United Kingdom,

France, Italy, Ireland, Japan, China, and Taiwan as of May 2016.[53] Including both company-owned
and franchised stores, there are Gap, Banana Republic, Athleta, Intermix, or Old Navy stores in 43
countries.[54] In January 2008, Gap signed a deal with Marinopoulos Group to open Gap and Banana
Republic stores in Greece, Romania, Bulgaria, Cyprus, and Croatia.[55] In February 2009, Elbit
Imaging, Ltd. secured a franchise to open and operate Gap and Banana Republic stores in Israel.[56]
In August 2010, the company opened its first store in Melbourne, Australia at Chadstone Shopping
Centre.[57][58] In September 2011, Komax opened the first Gap store in Chile, due to a franchise.
[59] In October 2011, the first GAP store opened in Warsaw, Poland,[60] but shut it down and two
other locations in Wrocław and Katowice in 2015. Gap now has a store in New Delhi, India which
opened in May 2015. On February 20, 2016, Gap launched stores in Mumbai at Oberoi Mall and
Infinity-2.

In May 2016, Gap Inc. announced it would shutter all Old Navy stores in Japan in response to poor Q1
performance for Old Navy and consistent losses across the organization.[61]

In 2017, Gap closed all seven of its stores in Israel.[62] In 2018, Gap closed all its stores in
Australia.[63] Gap operates company-owned stores in the United States, Canada, Mexico, the
United Kingdom, France, Italy, Ireland, Japan, China, and Taiwan as of May 2016.[53] Including
both company-owned and franchised stores, there are Gap, Banana Republic, Athleta, Intermix,
or Old Navy stores in 43 countries.[54] In January 2008, Gap signed a deal with Marinopoulos
Group to open Gap and Banana Republic stores in Greece, Romania, Bulgaria, Cyprus,
and Croatia.[55] In February 2009, Elbit Imaging, Ltd. secured a franchise to open and operate Gap
and Banana Republic stores in Israel.[56] In August 2010, the company opened its first store
in Melbourne, Australia at Chadstone Shopping Centre.[57][58] In September 2011, Komax opened
the first Gap store in Chile, due to a franchise.[59] In October 2011, the first GAP store opened
in Warsaw, Poland,[60] but shut it down and two other locations in Wrocław and Katowice in 2015.
Gap now has a store in New Delhi, India which opened in May 2015. On February 20, 2016, Gap
launched stores in Mumbai at Oberoi Mall and Infinity-2.
In May 2016, Gap Inc. announced it would shutter all Old Navy stores in Japan in response to
poor Q1 performance for Old Navy and consistent losses across the organization. [61]
In 2017, Gap closed all seven of its stores in Israel. [62] In 2018, Gap closed all its stores in
Australia.[63]

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