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Gap Inc. to Split in Two, With Old Navy Standing Alone

Biodegradability or recycled? Carbon inset or carbon offset? Blockchain or chasers? Get the definitions and relative advantages of each, and learn how to address your company’s specific impacts and goals. Join us July 29 for our Sustainability FAQs Workshop with Gap Inc., SAC, Fashion for Good, Accelerating Circularity, Lectra & Cotton Incorporated.

Gap Inc. said Thursday it plans to create two independent publicly traded companies–Old Navy, focused on family apparel, and a yet-to-be-named “NewCo” that will consist of the Gap brand, Athleta, Banana Republic, Intermix and Hill City. The spin-off will enable each company to maximize focus and flexibility, align investments and incentives to meet their particular…

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