Thursday, August 21, 2014

Gap raises forecast; to open 40 stores in India

(Reuters) – Apparel retailer Gap Inc raised its full-year profit forecast, encouraged by strong sales of its lower-priced Old Navy clothes, and said it would open 40 stores in India as part of its strategy to expand in emerging markets.
Gap has been looking to reduce its dependence on...
Gap raises forecast; to open 40 stores in India

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