Home / Knowledge / News / Apparel/Garments / OrotonGroup to distribute Gap in Australia & New Zealand
OrotonGroup to distribute Gap in Australia & New Zealand
01
Nov '13
OrotonGroup is pleased to announce it has signed an exclusive franchise agreement with the leading global retailer Gap Inc. to develop the Gap brand in Australia and New Zealand.

In addition, OrotonGroup will have the first right to develop the Banana Republic brand in the same countries and the opportunity to develop Old Navy should Gap Inc. decide to franchise the Old Navy brand in these countries.

The Franchise agreement is for an initial term of ten (10) years with an option to renew for a further ten years. OrotonGroup can operate free standing stores, department store shop in shops and clearance stores. 

OrotonGroup will also have the opportunity to operate a local ecommerce site. OrotonGroup and Gap Inc.  may elect to enter into a 50/50 Joint Venture agreement for fair market value after five years in certain circumstances. Gap Inc. also has a purchase option for 100% of the franchised business which it may exercise any time after five years based on a fair market value basis.

Gap Inc. is a leading global retailer offering clothing, accessories and personal care products for men, women, children and babies. With about 3,100 company-operated stores and over 300 franchise stores, the company’s presence is felt around the world.

Founded in 1969 in San Francisco, the Gap brand offers iconic, yet modern clothing and accessories and gives customers the freedom to express their individual sense of style. The brand includes Gap, GapKids, babyGap, GapMaternity and GapBody.

Commenting on the partnership, Mr. Mark Newman CEO/MD of OrotonGroup said, “The Gap Inc. brands are recognized around the world and the Gap brand already has a loyal customer base here through the existing stores and online.

"This partnership is an endorsement of our skills and expertise in managing premium international brands in our home country. We are looking forward to building on the existing business by rolling out more stores and further strengthening the presence of the brand. We look forward to working with Gap Inc. to develop a long and successful partnership.”

“We are extremely excited to be partnering with OrotonGroup, who have demonstrated their ability to manage premium international apparel brands,” said Stefan Laban, Senior Vice President Gap International. “We look forward to working with them and continuing to grow Gap brand’s presence in Australia and New Zealand.”

Gap originally entered the Australian market in 2010 with a previous franchisee who opened three stores, at Westfield CBD, Sydney and Chadstone Shopping Centre and Melbourne Central in Victoria. OrotonGroup will operate these stores with immediate effect and currently expects to open the first additional stores by summer 2014.

OrotonGroup’s current expectation is that there will be up to 20 Gap stores operational within ten years.

OrotonGroup


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search