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Gap Inc. Turns Back to Black in Q4 Even as Sales Dip

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. expects 2021 net sales to grow in the mid- to high-teens percentages, assuming a return to a more normalized level in the second half. In a Nutshell: In reporting financial results for the fourth quarter and fiscal year, Gap Inc. said Thursday that it saw more than $6 billion in sales online, reflecting…

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