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Gap Inc. Sales Fall In First Quarter as It Eyes 2020 Split With Old Navy

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Gap Inc. scored a gain in net income, but net and comp sales were down in the first quarter and CEO Art Peck expressed displeasure with the results. In a Nutshell: As Gap Inc. prepares to separate into two independent public companies next year, the company reported diluted earnings per share of 60 cents on…

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