In todays top retail news, Gap Inc. is streamlining the credit card and loyalty programs across all four of its brands, while Crocs wrestles with potential supply chain issues as digital and direct-to-consumer (D2C) sales grow. Also, retailers are looking to partner with beauty brands post-pandemic, but those same brands are more focused on digital []
SAN FRANCISCO--(BUSINESS WIRE)--Today, Gap Inc. (NYSE: GPS) announced the launch of a new integrated Rewards program across the U.S. and Puerto Rico: One Membership. Four Brands. The new program will simplify and streamline how members can earn and redeem their rewards within our four brands by combining the previous credit card and loyalty programs under Navyist Rewards, Gap Good Rewards, Banana Republic Rewards, and Athleta Rewards. With membership levels, the new program will make it easier
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Gap (NYSE: GPS ) shares experienced unusual options activity on Friday. The stock price moved down to $29.22 following the option alert. Sentiment: BEARISH Option Type: TRADE Trade Type: CALL Expiration Date: 2021-07-30 Strike Price: $29.00 Volume: 1488 Open Interest: 2773 Three Signs Of Unusual Options Activity Extraordinarily large volume (compared to historical averages) is one indication of unusual options market activity. Volume refers to the total number of contracts traded over a given time period when discussing options market activity. Open interest is the number of unsettled contracts that have been traded but not yet closed by either counterparty. In other words, open interest represents the quantity of contracts that individual parties have written but not yet found a counterparty for (i.e. a buyer finding a seller, or a seller finding a buyer). Another sign of unusual activity is the trading of Full story available on Benzinga.com
The U.S. Cotton Trust Protocol welcomes Sri Lankan textile manufacturer Teejay Lanka and its wholly-owned subsidiary Teejay India as new members. Teejay is the first textile manufacturer in Sri Lanka to join the Trust Protocol and membership will allow the company to prove the cotton fiber element in its sourcing mix is more sustainably grown with lower environmental and social risk. Cotton is Teejays principal raw material, and we are committed to sourcing from verified sustainable and ethical producers, said Pubudu De Silva, CEO of Teejay Lanka. We are proud to become the first Sri Lankan company to join the U.S. Cotton Trust Protocol as a further affirmation of our commitment to use sustainably and ethically produced raw materials, as well as our promise of transparency throughout the supply chain. The U.S. Cotton Trust Protocol is a farm level, science-based program that sets a new standard for more sustainably grown cotton. It brings quantifiable and verifiable goals and measurements to sustainable cotton production as well as drives continuous improvement in six key sustainability metrics: Land use, soil carbon, water management, soil loss, GHG emissions, and energy efficiency.
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Gap (The) found using ticker (GPS) have now 19 analysts in total covering the stock. The consensus rating is ''Hold''. The target price ranges between 44 and 28 calculating the average target price we see 36.37. Now with the previous closing price of 32.29 this would indicate that there is a potential upside of 12.6%. The 50 day moving average now sits at 32.53 and the 200 day MA is 28.91. The market capitalisation for the company is $11,891m. Visit the company website at: /> [stock_market_widget type="chart" symbol="GPS" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] The Gap operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, Athleta, Intermix, and Janie and Jack brands. Its products include denim, tees, fleece, and khakis; eyewear, jewelry, shoes, handbags, and fragrances; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls.
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Summary List Placement Kanye West may have just given us a sneak peek at another item from his hotly anticipated collaboration with Gap. The rapper and Yeezy founder was spotted Wednesday at the Balenciaga Fall 2021 Couture show in Paris, the legendary design house''s first couture collection since the 1960s, led by designer Demna Gvasalia. West took in the show with Formula One driver Lewis Hamilton, NBA star James Harden, rapper Lil Baby, and model Bella Hadid while wearing a face-obscuring hood a new wardrobe staple for West black pants, Yeezy Foam Runners , and a black jacket that looks identical to the one Gap unveiled last month : The $200 jacket, which Gap has only displayed in a vibrant blue colorway so far, is the first product created in collaboration with West''s Yeezy brand. Gap made it available for preorder last month, and the rush to lay claim to the jacket initially crashed the site. (Multiple reports claimed the jacket had sold out , but there was no finite number of jackets, just a limited preorder window.) Read more: Even Kanye West can''t save Gap, UBS says in brutal report on the retailer''s Yeezy deal A spokesperson for Gap did not immediately respond to questions about the jacket and whether the black version is part of the collection.
TOPICS: SEPTEMBER, OIL / GAS, DROUGHT $GPS INSIGHTS: #1 SEPTEMBER IS THE KEY MONTH FOR ECONOMY AND STOCKS #2 INFLATION DATA NEEDS TO SOFTEN OR RISKS INCREASE #3 MORATORIUMS AND
© Reuters. Express vs. Gap: Which Apparel Stock is a Better Buy? Apparel retailers are experiencing a solid recovery from their pandemic-precipitated slump, with surging demand thanks to peoples gradual return to their pre-COVID lifestyles. So, popular apparel companies Gap (GPS) and Express (EXPR) should grow significantly in the coming months. But which of these
On CNBC''s "Fast Money Halftime Report," Josh Brown said the analyst note he is looking at basically puts Kanye''s value to Gap Inc (NYSE:
A tale of two different fashion retailers GAP exits while Primark releases a roaring recovery [soros] Q1 2021 hedge fund letters, conferences and more GAP Closing Stores In The UK The GAP Inc (NYSE:GPS) sized hole in the high street which will be left when the US retailer closes its final stores at the [] The post GAP Exits While Primark Releases A Roaring Recovery appeared first on ValueWalk .
The Gap Inc. (NYSE: GPS ) has announced it will shut down all 81 of its stores in the UK and Ireland by the end of September and shift to an e-commerce retail strategy for those markets. What Happened: The San Francisco-based company was founded in 1969 and opened its first store outside of the U.S. in London in 1987; it has been part of the Irish retail environment since 2006. In announcing the closures, The Full story available on Benzinga.com
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