Gap Inc. has earnings and margins rising, sales trends stabilizing and the balance sheet in order. Now comes the real tough part — grabbing market share.
“Looking ahead to the holiday season, we’re focused on gaining market share as we invest in marketing and present a strong value proposition to customers across our brands,” Glenn Murphy, Gap’s chairman and chief executive officer, said Thursday when the chain reported third-quarter net earnings increased 25 percent to $307 million, or 44 cents a share on a diluted basis.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)