More on Gap, Inc.

At some point it could begin to feel like piling on, but I guess writers have to write and editors have to get stories published before deadline.  Still, these are good reads.

The New York Times has a bit on Gap's fashion and the impact of social media:

http://www.nytimes.com/2015/06/21/business/gaps-fashion-backward-moment/

Here is a bit from the NYT piece:

At 8:50 on a Wednesday morning, nearly two dozen shoppers hovered in front of H&M’s new global flagship store on the corner of West 34th Street and Avenue of the Americas in Manhattan, eager to get inside as soon as the doors were unlocked at 9.

Directly across the street, a Gap store was also preparing to open. A lone woman stood in front. She was handing out fliers for a Cuban restaurant as pedestrians hurried by.

The contrast summed up the state of American retailing. One by one, iconic brands like Gap, J. Crew, American Apparel and Abercrombie & Fitch have reported slumping sales, while chic and cheap foreign fast-fashion brands like H&M, Uniqlo and Zara are opening bustling stores and luring away customers once devoted to a more basic American style.

Happy Reading,

J.W. Gant