Gap Inc. on Thursday said same-store sales in the second quarter declined, but the company still managed to make a profit.
During a Webcast for investors and analysts, Glenn Murphy, chairman and chief executive officer of Gap, stressed the progress of the company’s international division, while expressing concern over the Gap brand’s women’s business. “We need to get better right away in our women’s product,” he said. “Gap is a redo. We’re trying to transition the Gap brand aesthetic. It got a little too modern for our customers.”
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)