Athleta Comps Down 12% in Q2
Gap, Inc.’s women’s activewear brand continues to seek its footing after another disappointing quarter in which sales fell 12% to $264 million and comps declined by the same percentage. U.S. sales were off 12% to $255 million, with Canada down to $8 million from $7 million, and other regions flat at $1 million. GAP said that the banner showed encouraging improvements in inventory productivity ... Log in to view full article.
