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Up To Speed: Gap reduces earnings forecast amid apparel retail slowdown

2014-11-22 08:51:00| Apparel - Topix.net

Gap Inc. cited slowing sales, particularly at its namesake Gap stores, as it cut its earnings forecast for the rest of the year, ending in February. Specifically, Bloomberg reported, same-store sales at Gap fell 5 percent for this past quarter.

Tags: speed retail apparel gap

 

Climate Preparedness Index Reveals Rich-Poor Gap

2014-11-21 23:57:00| Climate Ark Climate Change & Global Warming Newsfeed

Scientific American: High in the Peruvian Andes 8,000 alpacas died during a particularly harsh period of cold in the summer of 2004. For the herders who raise and shear these long-haired beasts for a living, it was a huge loss amounting to one fifth of all the alpacas living in that region of the highlands. Since then international aid organizations have worked with local herders to prevent future losses in the face of extreme cold snaps that seem to be occurring more frequently there with climate change. Together, they...

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Gap unveils management changes as Q3 profit rises

2014-11-21 13:39:00| Daily apparel & textile news and comment - from just-style.com

US clothing giant Gap Inc has shaken up its management team by promoting two executives to lead its namesake and Banana Republic brands globally, after booking an increase in third-quarter net profit.

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Gap names heads of namesake brand, Banana Republic

2014-11-20 23:08:17| Apparel - Topix.net

Gap Inc. issued a full-year profit outlook Thursday that was below Wall Street expectations and announced new management changes at its Gap and Banana Republic brands. As part of the executive overhaul, Jeff Kirwan, 48, will become global president for the Gap brand in December following a brief transition period.

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VIDEO: Gender pay gap shrinks to record low

2014-11-20 02:04:11| BBC News | Business | UK Edition

The average full-time pay gap between men and women is at its narrowest since comparative records began in 1997, but is still a difference of 9.4%, official figures show.

Tags: video low pay record

 

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