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Gap, Houdini and Target partner with Syre on commercial launch of circular polyester

Textile-to-textile recycling firm Syre has established a strategic partnership with Gap Inc., Houdini Sportswear and Target ahead of the commercial launch of its circular polyester product. All of the companies have agreed, within their own capabilities, to utilise the company’s polyester, furthering both Syre’s mission of reaching a broader...

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Business

Gap posts strong Q1, maintains optimistic outlook despite tariff uncertainty

Apparel retailer Gap Inc., parent to Old Navy, Gap, Banana Republic, and Athleta, announced net sales of 3.5 billion dollars, a 2 percent increase for its first quarter ended May 3, 2025. Comparable sales also rose by 2 percent year-over-year. Online sales increased 6 percent and represented 39 percent of total net sales, while store sales...

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