Art Peck is stepping down from his role as CEO of Gap Inc, which he held since 2015. His replacement, Robert Fisher, will take the role as interim CEO, which is effective immediately. 

THE ICONIC has set its sights on a new frontier, capitalising on the growing childrenswear market with the launch of its kids range today.

Levi reports its best financial performance in over a decade thanks to digital advancements in e-commerce and retail expansion to drive growth.

H&M is reconsidering the size of its physical store footprint as the Swedish fashion retailer struggles with the shift to online shopping.

Oroton has announced one of its worst losses in decades, posting a staggering 514% loss to $14.25 million for the 2017 financial year, compared with its $3.4 million loss in 2016.

Oroton Group has warned that its full year earnings will be compromised by $10 million following its decision to exit the Gap franchise in Australia this year.

Oroton has announced it will discontinue the troubled Gap franchise business in Australia, with store closures targeted for completion by 31 January 2018, in a binding agreement.

David Jones Holdings has acquired lifestyle clothing and apparel label Gap, in its latest effort to increase its contemporary-designers portfolio.

US subscription-based beauty brand Birchbox is expanding further into the bricks-and-mortar realm with the launch of seven pop-up stores in partnership with Gap.

German-based retailer Zalando has opened a technology hub in Dublin as part of a wider e-commerce strategy to expand its online platform.

US-based apparel brand Gap Inc. is among those retailers benefiting from a booming Chinese economy, as the latest Internet Retailer 2015 China 500 reveals 59 percent growth in online sales.

Obscure Gap-owned shoe and apparel boutique Piperlime will close its digital doors next month, amidst claims of ailing performance.