Robust financials ahead for Old Navy

Sept. 12, 2017

Not every retailer is struggling, and those who are may want to take a long hard look at what's going on at Old Navy.

 

The Gap brand predicts it will hit over $10 billion in sales in just the next several years, according to a Market Watch report.

 

The prediction was made during the Goldman Sachs Global Retailing Conference last week. Gap expects to add 70 stores in the nextthree years and predicts its Athleta activewear brand will also produce more than $1 billion in sales in the next few years.


Topics: Consumer Behavior, Department Stores, eCommerce, Financial News, Retail - Apparel

Companies: Old Navy


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