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Gap Inc.’s Intermix Sale Elevates ‘Core Four’ Brands

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When Gap Inc. unveiled its Power Plan 2023 last year, it kept the focus on its “purpose-led” brands: Gap, Athleta, Old Navy and Banana Republic. In the six months since the October investor meeting, the San Francisco clothing company has shed children’s chain Janie and Jack, and now another label is exiting its portfolio—setting the…

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