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Gap Sheds Dozens of European Stores to Focus on ‘Digital-First’ Growth

Fashion is at a crossroads: continue with cutting-edge strategies developed to persevere during Covid or slide back into familiar (yet unprofitable) habits? Get the experts' perspective at our in-person Sourcing Summit, Oct. 19 at New York’s Cipriani 42nd Street.

Gap Inc.’s turnaround Power Plan no longer has room for a brick-and-mortar presence in Europe. The specialty apparel retailer is preparing to close all 81 of its company-operated Gap Specialty and Gap Outlet stores in the United Kingdom and Republic of Ireland starting at the end of August through the close of September. Gap did…

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