Gap eliminating about 500 corporate jobs as sales fall

Gap eliminating about 500 corporate jobs as sales fall



Pedestrians walk past a Gap Inc. store in Shanghai, China.

Qilai Shen | Bloomberg | Getty Images

Gap Inc. is cutting about 500 corporate jobs as the clothing retailer struggles with declining sales.

The job cuts, which include open positions, will be primarily at Gap’s offices in San Francisco, New York and Asia and hit various departments, a representative for the retailer confirmed Tuesday. The moves were first reported by The Wall Street Journal.

Kayne terminates Gap deal due to lack of follow-through on obligations

The San Francisco-based company has experienced a slew of setbacks, including issues with the product assortment at its Old Navy brand, which accounted for more than half the company’s sales in its fiscal 2021.

And last week, Kanye West, who goes by Ye, said he was ending his company Yeezy’s partnership with Gap after the rapper accused the retailer of breaching terms of their agreement. Ye said Gap failed to distribute Yeezy products at its stores by the second half of 2021 and did not create dedicated Yeezy Gap stores as promised.

Ye told CNBC he was dissatisfied with progress on launching physical Yeezy stores in partnership with the retailer. Gap later confirmed the break, but said it still plans to work through its Yeezy product pipeline.

I'm not going to argue with people that are broker than me about money, says Kanye West on nixed Gap deal



Source link

can u get free money on cash app, free cash app money
[HEP4AS] Claw and Order Gift and Free Nintendo Eshop Gift Card Codes
Cumpara Paysafe Online and Paysafecard Online
Paysafe Free Codes and Paysafe Codes 
get free money on my cash app, send me free money on cash app and how to get money from cash app free
[1WJDXG] Gog Gift Card and where to Buy a Card
[D9C4DD] Wii Points Gift Cards and Gift Card Sites Online
Free Gift Cards 10$ PSN and How to Get Free PSN Gift Cards No Survey
Free Fortnite V-bucks Generator and Fortnite V Bucks Generator 2021 and Fcvzbv
Free Tiktok Followers Generator and Tikfuel Reviews and N7ujht
[EVYU79] Do Eshop Cards Work on Switch and Nintendo Wii U Eshop Code Generator
Free $7 Xbox Gift Cards, Xbox 30$ Gift Cards for Free and Free Gift Cards Xbox One 2022
Does Xbox Give Free Gift Cards, Is Xbox Giving Free Gift Cards and Is Xbox Giving Out Free Gift Cards
free money through cash app, make money free cash app and cash app codes free money
how can i earn free money on cash app, where can i get money off cash app for free and how to get free money on your cash app card
real cash app free money, how to get free cash app money now and how to get cash app money for free
[S0YYYO] Free Download Codes for Nintendo Eshop and European Gift Cards
Free Xbox 360 Gift Cards No Survey No Download, How to Get Free Working Xbox Gift Cards and How to Change a Xbox Gift Cards for Free
Free Fortnite V-bucks Generator and Free Fortnite Card and 4dxnwy
Free Fortnite V-bucks Generator and Stw Items Gg and M1az80
[C1APGX] Nintendo Switch Games Gift Card and Gift Card Nintendo
Get Free Xbox Gift Cards, Xbox Gift Cards Free Codes and Free Xbox Gift Cards $100
Free Gift Cards 10$ PSN and How to Get Free PSN Gift Cards No Survey
Free Fortnite V-bucks Generator and Unlimited V Bucks Generator and A2injr
Free PSN Gift Cards and Free PSN Gift Cards Codes
Free Tiktok Followers Generator and Buy Followers on Tik Tok and Yjo78d
reddit cash app free money, code to get free money on cash app and free cash app money generator no human 
PSN \Gift Cards for Free and Free PSN Gift Cards in Pakistan
Free Tiktok Followers Generator and How to Get More Followers on Tik-Tok and Cbspya
[T9OS0Q] Nintendo Prepaid Card and Nintendo 
millionaires donating money for free to cash app, cash app free quick money and free money via cash app
free money on cash app reddit and money app free app cash and rewards
Free Fortnite V-bucks Generator and Fnbucks and Q5z9nw
Giftcardsking Free Xbox Gift Cards, How to Get a 50 Xbox Gift Cards for Free and Free Gift Cards for Xbox 360 
i need free money on cash app, how to get free real money on cash app and is it free to add money to cash app card
Free Tiktok Followers Generator and How to Boost Your Tiktok Account and Ek0ea2
Xbox Gift Cards $5 Free, Free Xbox Live Gift Cards and Live Gold App Review and Win Free Xbox One Gift Cards
8AXAK Free Paysafecard and Coduri Paysafecard Gratis
how get free cash app money, cash app free money no survey and real free money cash app
J7ECF Free Paysafe Codes and Coduri Paysafe Gratis 
Paysafe Free and Cod Paysafecard Gratis
Best App to Get Free PSN Gift Cards and How to Get PSN Gift Cards Free
See also  Showdown looming for shamed LV chief Mark Hartigan
By californianews_gkdgq8

Leave a Reply

Your email address will not be published.

Related Posts