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Gap raises full year earnings outlook despite mixed brand performance
US specialty apparel company Gap Inc. has updated its full year guidance following its financial results for the first quarter ended May 2, 2026. The group reported a net sales increase of 1 percent to 3.50 billion dollars, while comparable sales rose 2 percent, marking the ninth consecutive quarter of positive growth. Standout quarter for Gap...
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Donald Kohler named global brand president and CEO of Banana Republic
US retail conglomerate Gap Inc has appointed Donald Kohler as the global brand president and chief executive officer of Banana Republic. The executive will assume his new role in July 2026 and will be based at the corporate headquarters in San Francisco. Kohler brings more than three decades of leadership experience across the luxury, premium...
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