Event Coverage 5 minutesRegister for Free AccessGap 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? Register for a free user account. This document was generated for Other research you may be interested in: Off-Price and Dollar-Store Shopping in Focus—TJX and Dollar Tree Rank as Top Choices: US Consumer Survey InsightsDollar Stores and Warehouse Clubs Gain from Valentine’s Day: US Consumer Survey InsightsRetail Innovation: State of In-Store Retailing and Opportunity To Redefine OperationsEarnings Insights 4Q22, Week 6: Burlington, Dollar Tree, Kroger and Urban Outfitters Post Strong Sales Growth; Carter’s, Kohl’s, Lowe’s and Qurate Retail See Sales Decline
