Latest Gap Inc News

FILE - In this Nov. 6, 2019, file photo, Kanye West attends the WSJ. Magazine 2019 Innovator Awards at the Museum of Modern Art in New York.  The rap superstar will design adult and kids' clothing that will be sold at Gap in 2021. Yeezy is best known for pricey sneakers that sell out online quickly. But Yeezy footwear, made with sneaker company Adidas, won't be sold at Gap.  (Photo by Evan Agostini/Invision/AP, File)

Kanye West to bring Yeezy brand, but not sneakers, to Gap

Jun. 26, 2020 6:25 PM EDT

NEW YORK (AP) — Kanye West is bringing his Yeezy brand to Gap. The rap superstar will design adult and kids' clothing that will be sold at the chain next year. Yeezy is best known for pricey sneakers that sell out online quickly. But Yeezy footwear, made with sneaker company Adidas, won't be sold at Gap...

United Airlines, Broadcom rise; Gap, PagerDuty fall

Jun. 5, 2020 4:36 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Broadcom Inc., up $8.19 to $317.08 The chipmaker reported solid fiscal second quarter profits and beat Wall Street's revenue forecasts. Slack Technologies Inc., down $5.38 to $32.56 The work messaging service pulled its billings...

FILE - This Aug. 23, 2018, file photo shows a window display at a Gap Kids clothing store in Winter Park, Fla. Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic. Mall owner Simon Property Group says in a lawsuit filed this week of June 4, 2020, that the clothing retailer owes three months of rent, totaling $65.9 million AP Photo/John Raoux, File)

Mall owner sues Gap for rent on coronavirus-shuttered stores

Jun. 4, 2020 6:26 PM EDT

NEW YORK (AP) — Gap is being sued for refusing to pay rent for stores temporarily closed during the coronavirus pandemic. Mall owner Simon Property Group said in a lawsuit filed this week that the clothing retailer owes three months of rent, totaling $65.9 million. Gap Inc. has more than 390 stores at...