Mr. Madar continued, “Second quarter sales by U.S. operations were $12.3 million, a 29% improvement compared to $9.5 million in the same period one year earlier. The growth was due primarily to initial shipments of more than 70 new bath and body products for women to 160 Gap Body stores and continued product shipments for Banana Republic stores. The rollout of the bath and body collection to an additional 500 Gap Adult stores should be completed in time for the holiday season."
"Additionally, six new Gap Eaux de Toilettes are debuting at Gap Body stores with the rollout to Gap Adult stores continuing throughout the fall. For men, there are three fragrance collections and a complete grooming and skin care collection debuting at 200 Gap adult stores next month with shipments to another 300 stores later in the fall. Finally, joining the Banana Republic Discover Collection in September, are two new fragrances, Malachite for women and Cordovan for men.”