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EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

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GAP, INC., THE<br />

Two Folson St., San Francisco, CA 94105 USA<br />

Tel: (650) 952-4400<br />

Fax: N/A<br />

www.gapinc.com<br />

Total Fiscal 2009 Sales: $14.5 Billion -7.8%<br />

Percentage of Sales in Exclusive Brands: 100%<br />

Principal Business: Founded in 1969 by entrepreneurs Donald and Doris Fisher, The Gap has<br />

grown to 3,149 stores in the US, Canada, the United Kingdom, France, Ireland, and Japan (300 of<br />

these outlets outside the US). The company is one of the world’s largest specialty retailers,<br />

operating under five banners: The Gap (featuring denim, khakis, T-shirts, fashion apparel,<br />

accessories, and personal care products), GapKids, babyGap, Old Navy (launched in 1994) with<br />

value-priced family apparel and personal care products; and Banana Republic stylish apparel and<br />

accessories (acquired in 1983). The company franchises 120 Gap and Banana Republic stores in<br />

14 countries.<br />

EB Identities: Gap, GapKids, babyGap, GapBody, Banana Republic, Old Nay, Piperlime<br />

(footwear and handbags), and Athleta (sports and active wear)<br />

EB skus: N/A<br />

Profile: In 2008, the company acquired Athleta, a line of sportswear and active wear. Plans in<br />

2009 call for expanding with 24 more Gap, Banana Republic, and Outlet stores; while also adding<br />

60 more franchised stores plus entering four more countries. Late in September 2009, found<br />

Donald Fisher died from cancer. UPDATE: For Fiscal 2011 (ending March 28), sales increased by<br />

3% to $14.7 billion, while net income rose by 9.3% to $1.2 billion.<br />

Procurement Contacts: N/A<br />

GENERAL MERCHANDISE DISTRIBUTORS COUNCIL (GMDC)

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