Banana Republic introduces five new unisex fragrances as part of The Banana Republic Icon Collection

NEW YORK, 2017-May-04 — /EPR Retail News/ — This May, Banana Republic introduces five unique, new fragrances as part of The Banana Republic Icon Collection–a group of unisex scents that offer an olfactory journey through some of the most iconic moments within the brand’s rich history. Crafted by master perfumers, each fragrance tells a different story of adventure through a distinctly modern lens.

The Banana Republic Icon Collection will be available in individual 75mL bottles ($48.00) and 15mL sprays ($25.00). The scents will also be offered in a Discovery Set, which includes a 5mL five-pack of each fragrance ($38.00). The Banana Republic Icon Collection will be available at all Banana Republic retail locations beginning May 4, 2017.

The Banana Republic Icon Collection includes:

BR78: VINTAGE GREEN – This woodsy scent with leafy undertones captures the fantasy of travel, and celebrates originality and the freedom of expression, voice and vision unique to the cultural landscape of 1978 – the year Banana Republic was founded.

Fragrance notes: Bergamot, Leafy Greens, Mandarin, Magnolia, Jasmine Green Tea, Fig, Cedarwood, Musk, Vetiver

BR83: LEATHER RESERVE – Discover 1983, a time of individualism, boldness and perpetual optimism for the future. Leather Reserve transports the wearer back to classic Banana Republic and a nostalgic place in time. Well-worn leather and Cedarwood notes complement the sweet scents of lemon zest and Tonka bean.

Fragrance notes: Cypress, Lemon Zest, Bergamot, Neroli, Cedarwood, Tonka Bean, Vetiver, Suede, Amber

BR90: PURE WHITE – A clean, natural feel that’s subtly sensual, BR90: Pure White offers musk and lavender notes wrapped in amber scents for a modern interpretation of a pure, classic fragrance

Fragrance notes: Green Tea, Bergamot, Grapefruit, Jasmine, African Violet Leaf, Lavenders White Vetiver, Musk, Amber

BR06: BLACK PLATINUM – Harkening to the return of sleek style and design as seen in 2006, this fragrance offers signature scents of leather and moss with a hint of citrus and florals. BR06: Black Platinum is a celebration of elevated, sophisticated style, urbanism and modernity.

Fragrance notes: Pink Pepper, Lemon, Cactus Pepper, Orange Blossom, Oakmoss, Jasmine, Amber, Patchouli, Leather

BR17: OUD MOSAIC – In 2017, we find ourselves as citizens of the world. With an international spirit and East-meets-West palette, BR17: Oud Mosaic is a harmonious blend of internationally-beloved aromas. This fragrance marries the fruity notes from America and Western Europe with the smoky warmth of Middle Eastern spice markets and the delicate, fresh floral scents of Asia, creating a colorful and innovative sensory experience.

Fragrance notes: White Pepper, Cardamom, Plum, Turkish Rose, Labdanum, Saffron, Oud, Amber, Musk

ABOUT BANANA REPUBLIC (@BananaRepublic)

Banana Republic is a global apparel and accessories brand focused on delivering versatile, contemporary classics, designed for today with style that endures. Through thoughtful design, Banana Republic provides a wardrobe of favorites to style and wear time and time again in new ways. Banana Republic offers fragrances, clothing, eyewear, jewelry, shoes and handbags with detailed craftsmanship and luxurious materials. Founded in San Francisco, Banana Republic is a division of leading global specialty retailer, Gap Inc. (NYSE: GPS). Customers may shop Banana Republic in more than 750 company-operated and franchise retail locations worldwide and online. For more information about Banana Republic, its products and stores, please visit BananaRepublic.com.

Contact: 

650-952-4400

Source: Gap Inc.

Gap Inc. announces the appointment of Mark Breitbard as president and CEO of Banana Republic

SAN FRANCISCO, 2017-Mar-17 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today (March 14, 2017) announced the appointment of Mark Breitbard as president and chief executive officer of Banana Republic. Breitbard will report to Art Peck, president and chief executive officer of Gap Inc., and will serve on the company’s senior leadership team. Peck will continue to directly oversee Banana Republic until Breitbard joins the company in early May.

“Mark brings significant retail leadership experience to Gap Inc., along with deep knowledge of the company and our customer,” said Peck. “We know what Banana Republic is capable of, and Mark’s ability to drive transformation and innovation will help revitalize the brand and position it to achieve its long-term potential.”

“I believe there’s tremendous opportunity for Banana Republic to differentiate itself with optimized product and customer experiences,” said Breitbard.  “I’m looking forward to working with the Banana Republic team to build the brand for the future.”

Most recently, Breitbard served as chief executive officer at The Gymboree Corporation from 2013 until early 2017. From 2010 to 2013, Breitbard held leadership positions across Gap North America, where he was instrumental in delivering the product-led resurgence of Gap’s North America business. He also served as chief merchandising and creative officer of Old Navy from 2009 to early 2010. Previously, Breitbard served in leadership roles at Levi Strauss & Co. and Abercrombie & Fitch.

Breitbard graduated from Vassar College and earned a Master of Business Administration from the Haas School of Business at the University of California, Berkeley.

About Gap Inc.

Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2016 net sales were $15.5 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Contact: 

650-952-4400

Source: Gap Inc.

Banana Republic kicks off NYFW with Spring 2017 collection with Olivia Palermo pop-up shops

  • BANANA REPUBLIC LAUNCHES OLIVIA PALERMO SPRING 2017
  • POP-UPS AT FEBRUARY NYFW AND ANNOUNCES A FALL 2017
  • OLIVIA PALERMO CAPSULE COLLECTION TO DEBUT AT SEPTEMBER NYFW

NEW YORK, 2017-Feb-01 — /EPR Retail News/ — Banana Republic will shift the timing of its NYFW presentations to be customer-facing when the collections are in-store. It’s a natural evolution for the brand—among the first to offer See Now, Buy Now to customers a year ago—in service to customer demand for product as it’s shown.

On February 9, Banana Republic will celebrate its Spring 2017 collection with Olivia Palermo pop-up shops at select Banana Republic stores. As Banana Republic’s Global Style Ambassador, Palermo has curated a distinctive pop-up experience in top Banana Republic doors. The pop-ups will reflect Palermo’s iconic style from both an interiors and fashion perspective, including personal touches that make the experience unique to her sensibility. An assortment of Banana Republic and third-party product personally picked by Palermo will sit in the pop-up shops year-round.

To kick off NYFW on February 9, Banana Republic will host pop-up celebrations at three store locations – SoHo (New York, NY), The Grove (Los Angeles, CA) and Grant Street (San Francisco, CA). Fans can meet Palermo at the SoHo event on February 9, or tune into Banana Republic’s LIVE 360 at 6pm ET to join the party on bananarepublic.com. To top off February 9’s festivities, Banana Republic will be offering #BRSTYLERIDE – luxury lifts between select Banana Republic stores within New York, San Francisco and Los Angeles, courtesy of BMW. Customers can get a ride in style with proof of purchase or use of #BRSTYLERIDE on social media.

As a further build to their partnership, Palermo and Banana Republic will reveal a Fall 2017 capsule collection designed by Palermo and the Banana Republic design team at September NYFW. Supporting the brand’s goal to amplify awareness when collections hit stores, a private preview of the company’s Fall 2017 collections will be hosted for long-lead press during February NYFW, and will be kept under-wraps until it is available for customer purchase in September.

“I am so honored to evolve my partnership with Banana Republic with such a personal approach to both our pop-ups and capsule collection,” says Palermo. “We’re a great team and it’s truly been such a collaborative approach that reflects the synergy between my style and the brand.”

ABOUT BANANA REPUBLIC (@BananaRepublic)

Banana Republic is a global apparel and accessories brand focused on delivering versatile, contemporary classics, designed for today with style that endures. Through thoughtful design, Banana Republic provides a wardrobe of favorites to style and wear time and time again in new ways. Banana Republic offers fragrances, clothing, eyewear, jewelry, shoes and handbags with detailed craftsmanship and luxurious materials. Founded in San Francisco, Banana Republic is a division of leading global specialty retailer, Gap Inc. (NYSE: GPS). Customers may shop Banana Republic in more than 750 company-operated and franchise retail locations worldwide and online. For more information about Banana Republic, its products and stores, please visit BananaRepublic.com.

ABOUT OLIVIA PALERMO (@oliviapalermo)

Olivia Palermo has gained international recognition as one of fashion’s premier insiders with her work as a model, spokesperson and as the executive editor and creative director of OliviaPalermo.com – an award winning fashion and lifestyle website. Palermo has served as Guest Creative Director, Guest editor and Guest designer and spokesperson for brands. Palermo is currently the global style ambassador for Banana Republic.

Investor information:

investor_relations@gap.com
650-952-4400

Source: Gap Inc.

Banana Republic and Council of Fashion Designers of America launch limited-edition capsule collection by Greg Lauren

GREG LAUREN AND BANANA REPUBLIC COLLABORATE ON A LIMITED-EDITION MEN’S CAPSULE DEBUTING AT SELECT BANANA REPUBLIC STORES FOR HOLIDAY 2016 

NEW YORK, 2016-Dec-02 — /EPR Retail News/ — Banana Republic and the Council of Fashion Designers of America (CFDA) are excited to continue their partnership with the launch of a limited-edition capsule collection with artist and designer, Greg Lauren. The Greg Lauren for Banana Republic menswear collection debuts at select Banana Republic stores beginning December 2016.

The CFDA and Banana Republic first worked together for a special collaboration in Spring 2016, launching a women’s capsule collection created with New York-based design trio, Timo Weiland. For the second installment of their partnership, Banana Republic and the CFDA have teamed with Greg Lauren to debut a menswear collection that is designed, cut and sewn in Los Angeles. The capsule will include 16 pieces, which marry Lauren’s iconic, utilitarian style with Banana Republic’s classic American sportswear sensibility.

“Our partnership with Banana Republic has allowed two designers the opportunity to grow and expand their consumer and production capacities in ways that otherwise may not have been possible,” says Steven Kolb, President and Chief Executive Officer of the CFDA. “We are happy to be able to work with an iconic American brand like Banana Republic and look forward to debuting the Greg Lauren for Banana Republic collection this holiday.”

“We’re thrilled to continue our work with the CFDA to support emerging designers by helping them scale their business and broaden their visibility,” says Michael Anderson, Senior Vice President of Design, Banana Republic. “Greg is a true artist who puts his heart and soul into every piece he creates. We share a passion for the details and had a great time playing with ways to marry our signature styles through his artistic approach.”

The Greg Lauren for Banana Republic collection consists of a variety of unexpected essentials, including lounge pants in knit and wool; outerwear like a relaxed flight jacket, mixed media jackets, a luxe cashmere top coat; as well as a casual tuxedo jacket and pant with linen tuxedo shirt. The assortment also includes effortlessly cool layering pieces like a cotton sweatshirt and henley long-sleeve shirts. The capsule leverages Banana Republic base fabrics, like cotton twill, to offer a unique blend of Lauren’s craftsmanship with Banana Republic’s modern versatility and retails from $178 (select shirts) – $3,000 (cashmere overcoat).

“Banana Republic is an iconic American retailer and I’m excited to be collaborating with them as I continue to expand my business,” says Lauren. “This collaboration is helping me explore new ways to extend my production capacity and test new ways of working while still maintaining a very hands-on approach to my craft.”

The collection will launch at select Banana Republic retail locations December 6,2016.

ABOUT BANANA REPUBLIC (@BananaRepublic)

Banana Republic is a global apparel and accessories brand focused on delivering versatile, contemporary style.  Through thoughtful design, Banana Republic provides a wardrobe of favorites to style and wear time and time again in new ways.  Banana Republic offers fragrances, clothing, eyewear, jewelry, shoes and handbags with detailed craftsmanship and luxurious materials.  Founded in San Francisco, Banana Republic is located in more than 750 company-operated and franchise retail locations worldwide.

About the CFDA (@CFDA)

The Council of Fashion Designers of America, Inc, (CFDA) is a not-for-profit trade association founded in 1962 that leads industry-wide initiatives and whose membership consists of more than 450 of America’s foremost womenswear, menswear, jewelry, and accessory designers. In addition to hosting the annual CFDA Fashion Awards, which recognize the top creative talent in the industry, the organization owns the Fashion Calendar, and serves as the official keeper of New York Fashion Week. It stages the bi-annual New York Fashion Week; Men’s. It also offers programs which support professional development and scholarships, including the CFDA {Fashion Incubator}, the CFDA/Vogue Fashion Fund, the Geoffrey Beene Design Scholar Award, the Liz Claiborne Design Scholarship Award and the CFDA/Teen Vogue Scholarship. Member support is provided through the Strategic Partnerships Group, a high-profile group of companies offering designers strategic opportunities. The CFDA Foundation, Inc. is a separate, not-for-profit organized to mobilize the membership to raise funds for charitable causes. Through the Foundation, the CFDA created and manages the worldwide Fashion Targets Breast Cancer initiative; raises funds for HIV/AIDS organizations and addresses the issue of model health with The CFDA Health Initiative.

ABOUT GREG LAUREN (@GREGLAUREN)

After gaining recognition as a painter, Greg Lauren created Greg Lauren in 2011 with the mission of “designing clothing from the perspective of being an artist, and making garments using an artistic approach” Specializing in a “destroyed but elegant” aesthetic, the collection combines repurposed vintage military farbics with new fabrics put through uique artistic processes to give everything a one of a kind feeling and aesthetic.  Greg Lauren is now available in over 50 boutiques worldwide, and is made entirely in Los Angeles. www.greglauren.com

Investor information:

investor_relations@gap.com
650-952-4400

Source: Gap Inc.

Banana Republic announces style icon Olivia Palermo as its first women’s global style ambassador

NEW YORK, 2016-Sep-10 — /EPR Retail News/ — Banana Republic is excited to announce that international style icon Olivia Palermo is the brand’s first women’s global style ambassador. Through the partnership, Palermo will be integrated throughout Banana Republic’s global marketing, starting in Fall 2016 and will extend through 2017.

Palermo brings a fresh perspective to the versatile lifestyle brand focused on contemporary classics. To kick off the expansive partnership, Palermo will personally curate a selection of more than a dozen limited-edition direct-to-consumer women’s styles that will be available for immediate purchase live from Banana Republic’s Spring 2017 New York Fashion Week presentation on September 10 at 3:30 p.m. EST. The exclusive, early-release capsule will be sold on bananarepublic.com and at the brand’s Flatiron location in New York.

“We are thrilled to collaborate with Olivia to bring her signature, versatile style to the Banana Republic customer,” said Lexi Tawes, SVP Global Merchandising & Digital, Banana Republic. “She leads such a full, modern lifestyle that our customers relate to and admire. Nobody makes it look more effortless than Olivia.”

“I’ve always admired Banana Republic as a go-to for versatile, sophisticated styles and I’m so honored to be the first women’s style ambassador,” said Palermo. “Being able to express my creativity and style with what I wear has always been a big part of my life. Banana Republic makes it so easy to create a wardrobe with quality classics that transition across each season.”

Palermo joins Banana Republic’s style ranks with pro basketball star Kevin Love, who was announced earlier this year as Banana Republic’s first men’s global style ambassador. Love was previously featured in the Spring and Summer 2016 campaigns and has been working with the brand across social platforms. Palermo and Love campaigns debut globally this September in stores and through advertising.

To further inspire customers this fall, Banana Republic is launching a campaign challenge to “Turn It Up”—and dress the part. It’s a call-to-action to make more of an effort to dress stylishly with individuality because confidence is the best accessory. Look sharp and make your mark. A first impression only happens once.

Developed in partnership with Chandelier Creative, the campaign will complement Palermo and Love campaigns through advertising in early September 2016.

Shot by Inez and Vinoodh and styled by Edward Enninful, the campaign features models Eva Dolezalova, Anais Mali and Ollie Edwards wearing covetable fall product, including a new Italian wool suiting collection. Studio imagery spotlights the quality, fit and details of garments, ranging from an essential Italian wool tie coat to the softest cashmere sweater.

ABOUT BANANA REPUBLIC (@BananaRepublic)
Banana Republic is a global apparel and accessories brand focused on delivering versatile, contemporary classics, designed for today with style that endures. Through thoughtful design, Banana Republic provides a wardrobe of favorites to style and wear time and time again in new ways. Banana Republic offers fragrances, clothing, eyewear, jewelry, shoes and handbags with detailed craftsmanship and luxurious materials. Founded in San Francisco, Banana Republic is a division of leading global specialty retailer, Gap Inc. (NYSE: GPS). Customers may shop Banana Republic in more than 750 company-operated and franchise retail locations worldwide and online. For more information about Banana Republic, its products and stores, please visit BananaRepublic.com.

Contact:  Banana Republic fashion inquiries: BR_press@gap.com

Source:  Banana Republic

Gap April and Q1: Our industry is evolving and we must transform at a faster pace

Company Sharpens Focus for Long-Term Growth

SAN FRANCISCO, 2016-May-16 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced April net sales were $1.12 billion for the four-week period ended April 30, 2016, compared with net sales of $1.21 billion for the four-week period ended May 2, 2015. For the first quarter of fiscal year 2016, Gap Inc.’s net sales were $3.44 billion compared with $3.66 billion for the first quarter last year.

Gap Inc. also announced that it will take steps to better position the company for improved business performance and to build for the future. The company is identifying opportunities to streamline its operating model to be more efficient and flexible, while more fully exploiting its scale advantage. Additionally, the company is evaluating its Banana Republic and Old Navy fleets, primarily outside of North America, in order to sharpen its focus on geographies with the greatest potential. More details will be shared during the company’s first quarter fiscal 2016 earnings announcement on May 19, 2016.

“Our industry is evolving and we must transform at a faster pace, while focusing our energy on what matters most to our customers,” said Art Peck, chief executive officer, Gap Inc. “We are committed to better positioning the business to recapture market share in North America and to capitalizing on strategic international regions where there is a strong runway for growth.”

April Comparable Sales Results

Gap Inc.’s comparable sales for April 2016 were down 7 percent versus a 12 percent decrease last year. Comparable sales by global brand for April 2016 were as follows:

  • Gap Global: negative 4 percent versus negative 15 percent last year
  • Banana Republic Global: negative 7 percent versus negative 15 percent last year
  • Old Navy Global: negative 10 percent versus negative 6 percent last year

First Quarter Comparable Sales Results

Gap Inc.’s comparable sales for the first quarter of fiscal year 2016 were down 5 percent versus a 4 percent decrease last year. Comparable sales by global brand for the first quarter were as follows:

  • Gap Global: negative 3 percent versus negative 10 percent last year
  • Banana Republic Global: negative 11 percent versus negative 8 percent last year
  • Old Navy Global: negative 6 percent versus positive 3 percent last year

First Quarter Guidance

The company expects diluted earnings per share for the first quarter of fiscal year 2016 to be in the range of $0.31 to $0.32.

As previously disclosed, gross margins were pressured as the company entered April with more inventory than planned as a result of weaker than expected traffic, which began in late March 2016 and continued into April.

The company also noted that the Sunday and Monday of the Memorial Day holiday falls in the fiscal month of June this year versus May last year. The company expects the later holiday timing to negatively impact May sales results and benefit June sales results.

Additional insight into Gap Inc.’s sales performance is available by calling 1-800-GAP-NEWS (1-800-427-6397). International callers may call 706-902-4949. The recording will be available at approximately 1:15 p.m. Pacific Time on May 9, 2016 and available for replay until 1:15 p.m. Pacific Time on May 13, 2016.

First Quarter Earnings

Gap Inc. will release its first quarter earnings results via press release on May 19, 2016 at 1:15 p.m. Pacific Time. In addition, the company will host a summary of Gap Inc.’s first quarter results during a live conference call and webcast on May 19, 2016 from approximately 1:30 p.m. to 2:15 p.m. Pacific Time. The conference call can be accessed by calling 1-855-5000-GPS or 1-855-500-0477 (participant passcode: 214046). International callers may dial 913-643-0954. The webcast can be accessed at www.gapinc.com.

May Sales

The company will report May sales at 1:15 p.m. Pacific Time on June 2, 2016.

Forward-Looking Statements

This press release and related sales recording contain forward-looking statements within the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. All statements other than those that are purely historical are forward-looking statements. Words such as “expect,” “anticipate,” “believe,” “estimate,” “intend,” “plan,” “project,” and similar expressions also identify forward-looking statements. Forward-looking statements include statements regarding:

  • earnings per share for the first quarter of fiscal year 2016; and
  • the impact of the later Memorial Day holiday timing.

Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause the company’s actual results to differ materially from those in the forward-looking statements. These factors include, without limitation, the following:

  • the risk that additional information may arise during the company’s close process or as a result of subsequent events that would require the company to make adjustments to its financial expectations;
  • the risk that the company will be unsuccessful in gauging apparel trends and changing consumer preferences;
  • the risk that changes in global economic conditions or consumer spending patterns could adversely impact the company’s results of operations;
  • the highly competitive nature of the company’s business in the United States and internationally;
  • the risk that if the company is unable to manage its inventory effectively, its gross margins will be adversely affected; and
  • the risk that comparable sales and margins will experience fluctuations.

Additional information regarding factors that could cause results to differ can be found in the company’s Annual Report on Form 10-K for the fiscal year ended January 30, 2016, as well as the company’s subsequent filings with the Securities and Exchange Commission.

These forward-looking statements are based on information as of May 9, 2016. The company assumes no obligation to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, and Intermix brands. Fiscal year 2015 net sales were $15.8 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,300 company-operated stores, over 400 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

press@gap.com

Banana Republic and the Council of Fashion Designers of America (CFDA) to support emerging designers based in America

Timo Weiland is the first designer to collaborate with Banana Republic and CFDA on a limited-edition capsule for Spring 2016

New York, N.Y., 2015-9-4 — /EPR Retail News/ — Banana Republic and the Council of Fashion Designers of America (CFDA) are excited to announce a partnership dedicated to supporting emerging designers based in America who design and produce in their local cities.

With this partnership, Banana Republic and the CFDA are committed to supporting designers located in America and American manufacturing. The partnership will include two limited-edition collections sold exclusively at select Banana Republic flagship stores and online. The program will spotlight one New York-based designer, who will create a capsule collection for Spring 2016, which is designed, cut and sewn exclusively in New York. This is going to be followed by a collection from a Los Angeles-based designer, which will be designed and produced exclusively in Los Angeles.

“We are proud to partner with the CFDA and its network of emerging designers and manufacturers,” says Marissa Webb, Creative Director of Banana Republic. “This new program is a great opportunity to provide mentorship and resources to help creative talent grow their business while designing and producing locally.”

”Banana Republic is a quintessential American retailer, which makes them the perfect partner to support our mission to help promote designers here in America and domestic manufacturing,” said Steven Kolb, President and CEO of the CFDA.

For the first collaboration, Banana Republic will work with designer Timo Weiland, an alumnus of the CFDA {FASHION INCUBATOR} program, on a womenswear collection for Spring 2016. The capsule will include twelve styles in solids and in custom prints, including dresses, tops, skirts and a blazer cut and sewn in New York by Sunrise Studio, a CFDA Fashion Manufacturing Initiative (FMI) grant winner, and Sn Productions.

As part of Banana Republic’s partnership with the CFDA, FMI is receiving a monetary contribution that will be matched by the City’s financial commitment to the program. FMI, in affiliation with the New York City Economic Development Corporation, aims to nurture, elevate, and preserve garment production in New York City.

“Donna, Alan and I are honored to collaborate on the first CFDA x Banana Republic capsule collection for Spring 2016,” says Timo Weiland, founder of Timo Weiland. “Since launching the brand, we have designed, cut and sewn our core signature woven styles in New York with factory partners based in the Garment District. Building upon this Made-in-New York aspect has been an integral part of our business and our story as a brand.”

The collection will debut at Banana Republic’s Spring 2016 presentation during New York Fashion Week in September, and launch at retail in March 2016.

About Banana Republic (@BananaRepublic)
Banana Republic is a global apparel and accessories brand focused on delivering versatile, contemporary style.  Through thoughtful design, Banana Republic provides a wardrobe of favorites to style and wear time and time again in new ways.  Banana Republic offers fragrances, clothing, eyewear, jewelry, shoes and handbags with detailed craftsmanship and luxurious materials.  Founded in San Francisco, Banana Republic is located in more than 750 company-operated and franchise retail locations worldwide.

About the CFDA (@CFDA)
The Council of Fashion Designers of America, Inc, (CFDA) is a not-for-profit trade association founded in 1962 that leads industry-wide initiatives and whose membership consists of more than 500 of America’s foremost womenswear, menswear, jewelry, and accessory designers. In addition to hosting the annual CFDA Fashion Awards, which recognize the top creative talent in the industry, the organization owns the Fashion Calendar, and serves as the official keeper of New York Fashion Week. It stages the bi-annual New York Fashion Week: Men’s. It also offers programs which support professional development and scholarships, including the CFDA {Fashion Incubator}, the CFDA/Vogue Fashion Fund, the Geoffrey Beene Design Scholar Award, the Liz Claiborne Design Scholarship Award and the CFDA/Teen Vogue Scholarship. Member support is provided through the Strategic Partnerships Group, a high-profile group of companies offering designers strategic opportunities. The CFDA Foundation, Inc. is a separate, not-for-profit organized to mobilize the membership to raise funds for charitable causes. Through the Foundation, the CFDA created and manages the worldwide Fashion Targets Breast Cancer initiative; raises funds for HIV/AIDS organizations and addresses the issue of model health with The CFDA Health Initiative.

For more information, please visit www.CFDA.com, facebook.com/cfda,twitter.com/cfda, cfda.tumblr.com, and youtube.com/cfdatv.

About Timo Weiland (@TimoWeiland)
Co-founded in 2010 by Timo Weiland, Alan Eckstein and Donna Kang, Timo Weiland is a New York based Womens and Menswear brand. Built around the ethos of creating clothes to live in, the collections are inspired by the multifaceted lifestyles of the designers and those around them. Drawing from a shared love of music, travel and contemporary culture, Timo Weiland presents an updated take on classic American sensibilities. Known for eclectic combinations of fabrics and detailing, the collection places focus on quality and wearability, while injecting touches of the designers’ distinct brand of playfulness. Modern prep meets streetwear, with a touch of romance, the brand encompasses the adventurous spirit of New York city.

Gap Inc. to close its Piperlime brand, including the online platform and single store in New York

Decision allows company to remain focused on its top priorities

SAN FRANCISCO, 2015-1-26 — /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced the decision to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015.

The company is committed to executing against its long-term strategy of driving profitable top line sales, powered by its global brands and innovative ability to reach customers in new and differentiated ways.  Going into the new fiscal year, the company will focus on its portfolio of five brands – Gap, Old Navy, Banana Republic, Athleta and Intermix, as well as digital and global growth.

“We are incredibly grateful to our fashion-focused, loyal customers, and proud of our dedicated employees who have been working hard to evolve the brand and test out new ideas,” said incoming CEO Art Peck.  “We plan to keep on pushing new ideas and look forward to seeing how we can apply what we’ve learned to the rest of the company as we continue to bring great products and shopping experiences to our customers.”

While Gap Inc. does not break out Piperlime’s sales independently, the brand is by far the smallest of the company’s portfolio with yearly revenue below $100 million, representing less than 1 percent of Gap Inc.’s total revenue base of over $16 billion. The wind-down costs associated with the decision are not material to the company’s financials.

January Sales

The company will report January sales and plans to provide quarterly earnings guidance for the fourth quarter 2014 at 1:00 p.m. Pacific Time on Monday, February 9, 2015.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, over 400 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Banana Republic to give additional perks for last-minute shoppers during its The Procrastinators Event on December 17 – 22

The Procrastinators Event offers shoppers free taxi rides, free shipping, extra helping hands, same-day delivery and more

San Francisco, 2014-12-17 — /EPR Retail News/ — Just in time for the final holiday shopping rush, Banana Republic is announcing The Procrastinators Event for those who’ve been putting off their holiday shopping until now. From December 17 – 22, the brand will be offering additional perks to those who might need a little extra help getting everything done in time.

“Everyone is busy during the holidays, so we’re here to help treat our customers to perks that make their shopping experience a pleasure,” said Chris Nicklo, VP of Marketing at Banana Republic. “Everyone deserves a hand during the holidays and we know what it’s like to shop down to the wire for the loved ones on our list.”

The Procrastinators Event unites TaskRabbit, Curb, Deliv and SHYP to provide Banana Republic customers with this holiday season’s most innovative and generous suite of helpful services, including:

  • Extra Help: Customers who shop at all U.S. stores will receive a $30 credit fromTASKRABBIT to help with any last-minute to-dos – holiday party cleaning help, peppermint hot chocolate runs, hanging Christmas tree lights, picking up your office’s Secret Santa gift, etc.*
  • Free Rides: Shoppers can avoid congested parking lots and lugging shopping bags on public transportation by catching a free ride (up to $20) with CURB to or from Banana Republic stores across the U.S.**
  • Free Same-Day Delivery: Customers who shop on bananarepublic.com and reserve their must-have items through Reserve In Store will receive an email from which they can choose to have those items shipped that same day for free throughDELIV.  This service is available in San Francisco, Palo Alto, Los Angeles, Chicago, New Jersey, Washington D.C., Houston and Seattle.
  • Free Shipping and Gift Wrap: Shoppers in San Francisco, New York and Miami will be given a $25 credit at the register that can be used to ship their gifts through SHYP. Customers who visit the Banana Republic Grant Ave store in San Francisco, Soho store in New York and Aventura Mall in Miami, can immediately hand over their gifts to Shyp ambassadors to be gift wrapped with Brit+Co designed wrapping paper and shipped off to loved ones anywhere in the world.***

For more information about The Procrastinators Event, visit www.bananarepublic.com/lastminute

About Banana Republic
Banana Republic is a global apparel and accessories brand focused on delivering modern American style. Dedicated to helping customers achieve their best in life’s moments big and small, both personally and professionally, Banana Republic offers covetable clothing, handbags, jewelry, eyewear and fragrance at accessible prices. Founded in San Francisco, Banana Republic is located in over 700 company-operated and franchise retail locations worldwide.

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Gap Inc. announces the promotion of two successful current executives to become global brand presidents for Gap and Banana Republic

Global brand presidents named: Andi Owen to lead Banana Republic and Jeff Kirwan to take over Gap

SAN FRANCISCO, 2014-11-21 — /EPR Retail News/ — With an eye towards 2015, Gap Inc. (NYSE: GPS) today announced the promotion of two successful current executives, with 35 years of combined company experience between them, to become global brand presidents for Gap and Banana Republic.

The moves were orchestrated by Art Peck as he prepares to take on the role of chief executive officer of Gap Inc. in February, with the full support of current chairman and chief executive officer Glenn Murphy.

“We’ll start 2015 with a management team comprised of both established executives and the next generation of brand leaders ready for the next generation of customers,” said Peck.  “We’ve provided a transition period that allows our teams to deliver a successful holiday, while gearing up for a future where great product, showcased seamlessly across physical and digital experiences, consistently delights our customers.”

Jeff Kirwan, 48, who has reported to Murphy for the past three years as president of greater China for Gap Inc., will become Global President for Gap brand in December following a brief transition period.  Kirwan succeeds Stephen Sunnucks, who will leave the company on December 19, after steering the growth of its namesake brand to almost 50 countries over the past decade.

Under Kirwan’s leadership in China, Gap has deployed an aggressive e-commerce strategy, coupled with opening 100 stores in the region in just four years.  Over the past decade with Gap Inc., Kirwan has succeeded in roles of increasing responsibility at Gap and Old Navy, with an expertise in driving growth, retail operations, and brand development.

Andi Owen, 49, who currently leads the Gap Outlet division, will become Global President for Banana Republic, effective January 5.  She succeeds Jack Calhoun, who will depart from the company on February 1 after working with Owen during the transition.  Calhoun, who led the brand for eight years, is credited with pioneering innovative concepts while creating an impressive global economic model for Banana Republic.

Over nearly 25 years with the company, Owen has thrived in many leadership roles within merchandising, online, and stores.  She has spent 19 years working within Banana Republic, rising from management positions in the field to successfully leading the Banana Republic Factory Store business before taking on her current assignment as EVP of Global Gap Outlet.

“These are important changes within the company, and I’ve been impressed with both Jeff and Andi’s development during our work together these past eight years.  We’ve prepared leaders, with experience across all aspects of the global business, who are ready and eager for the challenges and the opportunities ahead,” said Gap Inc. Chairman and CEO Glenn Murphy.

Murphy added, “Over the past decade, both Steve and Jack helped make Gap Inc. a much stronger and more global company. We appreciate their hard work and passion for our brands, people, and customers.”

Owen and Kirwan will report to Peck in 2015.

“Over the past decade, I’ve worked with Jeff and Andi and seen them in action.  They each bring the creativity, tenacity, and exceptional leadership qualities necessary for these roles, and, importantly, they have consistently delivered results for our brands and company,” Peck added.

Webcast and Conference Call Information

The company will host a conference call with investors and analysts to discuss the company’s third quarter 2014 results and leadership announcement starting at approximately 2:00 p.m. Pacific Time today.  Katrina O’Connell, vice president of Corporate Finance and Investor Relations at Gap Inc., will host the call and be joined by Sabrina Simmons, Gap Inc. chief financial officer, Glenn Murphy, Gap Inc. chairman and chief executive officer and Art Peck, president of Gap Inc. Growth, Innovation & Digital division.

The conference call can be accessed by calling 1-855-5000-GPS or 1-855-500-0477 (participant passcode:1609362). International callers may dial 913-643-0954. The webcast can be accessed at www.gapinc.com.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, over 400 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

Gap Inc. announces quarterly dividend of $0.22 per share

SAN FRANCISCO, 2014-11-13— /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced that its Board of Directors authorized a quarterly dividend of $0.22 per share payable on or after January 28, 2015 to shareholders of record at the close of business on January 7, 2015.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, almost 400 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.

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Gap Inc. to hire more than 63,000 seasonal associates nationwide for the 2014 holiday season

Gap, Banana Republic, Old Navy and Athleta to hold holiday hiring events October 13–18

SAN FRANCISCO, 2014-10-15— /EPR Retail News/ — Gap Inc. (NYSE: GPS) today announced plans to hire more than 63,000 seasonal associates nationwide at its Gap, Banana Republic, Old Navy and Athleta stores, call centers and distribution centers for the 2014 holiday season.

Gap, Banana Republic, Old Navy and Athleta are also coming together to hold a series of in-store hiring events in the company’s first-ever Holiday Hiring Blitz, taking place October 13 – 18.

“To deliver the highest level of customer service at Gap Inc. brands during the busiest time of the year, we’re holding holiday hiring events across the country to attract and secure the best talent possible this holiday season,” said Dan Henkle, SVP Gap Inc. Human Resources. “Whether our customers are shopping in our stores, online or on mobile devices, our top priority is providing a seamless experience during the craze of holiday shopping.”

Old Navy and Athleta stores will be holding hiring events on Saturday, October 18 from 11 a.m. – 7 p.m. at stores nationwide. Gap and Banana Republic stores will be holding holiday hiring events at different times throughout the week (October 13-18), all times will be determined by the local store. See the Gap Inc. seasonal hiring career page (www.gapinc.com/holidayhiring) for details.

“At Gap Inc., we believe in investing in our front line talent who interact with our customers daily. Through our seasonal retail jobs we provide employees the opportunity to gain career experience, develop transferable personal and professional skills and learn about retail careers with our brands,” said Dan Henkle. “We’re excited to welcome back and have new holiday workers join our brands during the 2014 holiday shopping season.”

Seasonal positions will vary from serving the many customers on the selling floor at Gap, Banana Republic, Old Navy and Athleta stores – to handling the high volume of calls at the call centers and coordinating shipments from the distribution centers to stores and directly to customers who’ve purchased via mobile devices, online or in store.

Candidates are encouraged to sign up for an interview time prior to the Holiday Hiring events through Gap Inc.’s online seasonal hiring career page. Walk-in interviews will also be accepted.

About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, almost 400 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.