Gap Inc.’s women’s active apparel banner posted sales of $344 million for the second quarter, up 1% over $341 million last year, as comps declined 8%. Sales slowed from last year’s 28% ramp up on softness in consumer sentiment moving from the athleisure boom back to occasion and work-based categories. Athleta sales made up 9% of GPS’ top line, which dropped 8% to $3.86 billion from the prior year. While the brand maintained its market share within the wider women’s athleisure slowdown, based on NPD data, it also suffered from ... Log in to view full article.