Comping against last year’s huge first quarter in which sales jumped 69%, Gap, Inc.’s women’s activewear banner mustered a 4% improvement to $360 million against $347 million in Q1 this year. Comparable store sales slipped 7%, with performance active sales slowing in favor of athleisure styles. Sales in the banner’s U.S. stores were actually down 1% to $344 million, but new international stores contributed $16 million to the total. Looking ahead, GPS still ... Log in to view full article.