Reported 1 day ago
Gap's CEO, Richard Dickson, reported a strong start to the holiday shopping season, leading to increased sales expectations. Despite some underperforming brands, Gap's effective marketing and inventory management have boosted confidence in its financial outlook. While monitoring potential tariffs from the incoming administration, Dickson emphasized that only a small percentage of their products are sourced from China. Overall, experts are optimistic about Gap's operational strategies as the company continues to navigate market challenges.
Source: YAHOO