Home / Knowledge / News / Apparel/Garments / Gap set to open first Old Navy outlet in China's Shenzhen
Gap set to open first Old Navy outlet in China's Shenzhen
08
Nov '14
The American multinational clothing and accessories retailer Gap Inc. is set to open its first-ever Old Navy outlet in Shenzhen, a city located in the south of Southern China’s Guangdong Province, on November 8, 2014.

In a bid to tap in one of the world’s fastest growing markets, the Greater China region, the company has announced that it will expand the subsidiary division’s footprint faster than originally planned in mainland China, with its first locations in southern and northern China.

With plans to open some seven new Old Navy stores in five major Chinese cities in less than a year’s time, the purveyor aims to extend its reach even further with plans to open another in Beijing in December, 2014.

Jeff Kirwan, the president of Greater China for Gap Inc., states, “We continue to be excited by the response of Chinese customers to our brands. Both Gap and Old Navy have been warmly embraced, giving us confidence to continue our expansion in this vibrant region.”

According to a press statement, the Californian retailer has surpassed the mark of 100 Gap branded outlets across mainland China, Hong Kong and Taiwan since the debut of its first store launch in 2010.

Apart from its aggressive expansion strategy in China, the firm also has plans to expand in Taiwan. It is prepping up to open the fifth store, since the launch of its first one in March, 2014, in Hsinchu sometime in late November this year.

In addition to the fast growing brick-and-mortar business, the company has also seen strong growth in ecommerce and continues to push the boundaries between the physical and digital channels, exploring the use of interactive displays that extend customers’ access to its product both in and out of store.

“We want to lead the way in bringing omni-channel to life in China. It’s early days yet, but with the addition of virtual experiences both in our Gap stores and in other non-traditional locations, we hope to offer more points of access to our Chinese customer so she can shop our brands wherever, whenever and however she wants,” says Kirwan.

Gap Inc. opened its first namesake stores in November 2010 in Shanghai and Beijing along with simultaneous launch of a dedicated ecommerce site. Gap brand is now in 25 cities in mainland China, Hong Kong and Taiwan with three dedicated ecommerce sites (www.gap.cn, www.gap.hk, www.gap.tw) and a storefront on Tmall. The company launched its first Old Navy store and ecommerce site (www.oldnavy.cn) simultaneously in March this year, and already has five stores in three cities, as well as a shop on Tmall.

Owning brands like Gap, Banana Republic, Old Navy, Piperlime, Athleta and Intermix, Gap Inc. products are sold in more than 90 countries worldwide through about 3,200 company-operated stores, almost 400 franchise stores, and e-commerce sites. Thecompany’s Fiscal year 2013 net sales were $16.1 billion. (PB)

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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