Event CoverageGap Investor Day 2019: Athleta Opening First Outlet Store; Activewear Fastest Growing Category at Old Navy Coresight Research September 16, 2019 Executive SummaryOn September 12, 2019, Gap hosted its investor day in New York City. The company provided an overview of its brands: Athleta, Old Navy, Gap, Banana Republic, and its direct-to-consumer brands, Hill City and Intermix. Highlights include: Old Navy’s active lifestyle category is its fastest growing, and has hit $1 billion in sales. Old Navy and Athleta are expanding inclusive sizing. Athleta has grown at a 23% CAGR over the past 7 years and will open its first outlet store. 20 Old Navy suppliers account for 60% of sourcing spending. Banana Republic is focusing on appealing to younger consumers. Splitting Gap and Old Navy into two brands is expected to create “dis-synergies.” Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: Novel—Driving Conversion and Boosting Loyalty with Branded Wallet PassesAnalyst Corner: Constrained Consumers Could Soon “Get to the Goods” Again—Evolving In-Store Loss Prevention, with John HarmonWeekly US Store Openings and Closures Tracker 2025, Week 22: Store Closures Up by 57%Sector Focus: Luxury Goods—Data Graphic
