J Crew Group Inc might finally have a challenger in the form of Gap Inc, which despite some customer weariness came back firmly in Q3 and exceeded expectations with a 9.4 per cent increase in net income.
J Crew Group Inc might finally have a challenger in the form of Gap Inc, which despite some customer weariness came back firmly in Q3 and exceeded#
San Francisco-based apparel major's USD 337 million net income increase can be attributed to the switch to brighter and younger colors---the trend that its rival J.Crew has been following. J.Crew has an edge over its competitors in the fast-fashion space and is known for its glossy styling and galvanizing prints.
J Crew Group Inc might finally have a challenger in the form of Gap Inc, which despite some customer weariness came back firmly in Q3 and exceeded#
Gap's revenue rose 2.8 per cent to USD 3.98 billion - a key indicator of a retailer's health.
J Crew Group Inc might finally have a challenger in the form of Gap Inc, which despite some customer weariness came back firmly in Q3 and exceeded#
Industry experts believe that with strikingly unconventional winter prints, floral outfits, Gap is all set to compete with its rivals in the upcoming holiday season. Gap has come a long way from being a brand that was synonymous with sober colors and inadequate styling in the 2000's to partnering with designers like Diane Von Furstenberg and management overhauls to turn around their business.
J Crew Group Inc might finally have a challenger in the form of Gap Inc, which despite some customer weariness came back firmly in Q3 and exceeded#
The company is also targeting online world to attract new global customers and has formed new social and digital strategy teams.
J Crew Group Inc might finally have a challenger in the form of Gap Inc, which despite some customer weariness came back firmly in Q3 and exceeded#
Fibre2fashion News Desk - India