The rich that occupy Peng on March 9 message, occupy personage of know the inside story to divulge, gap Inc. Considering to include to sell Chinese business inside potential option, be in in order to adjust China manage.
Personage of know the inside story says, gap is studying with an advisory collaboration all sorts of option, and with bought the home to undertake osculatory buying interest in order to evaluate potentially. Relevant negotiation still is in primary level, this company decides possibly also to retain this business. To this, gap delegate does not grant buy is judged.
This company that has the brand such as Banana Republic and Gap entered Chinese market 2010, next online reaching cat of day of electric business platform begins Alibaba at the same time manage. After Gap is cancelling to tear apart Old Navy brand the plan that appear on the market, last year market of China of this brand evacuate.
Gap released four quarters outstanding achievement last week, in be spent up to the the four seasons January 30, 2021, gap group sale relatively the corresponding period glided last year 5.3% to 4.42 billion dollar.
Record so that net profit is 234 million dollar, relatively go up 184 million dollar improves deficit of year of the corresponding period somewhat. Meanwhile, 2020 money year sale of annual Gap group is 13.8 billion dollar, glide compared to the same period 15.7% , net loss caustic 665 million dollar.
Gap the four seasons spends clean sale to drop compared to the same period 5%Gap 2020 year clean sale of the fourth quarter is 4.42 billion dollar, drop compared to the same period 5% , the profit of net of; of 4.66 billion dollar that predicts under the analyst is 234 million dollar, go up collection of year of the corresponding period clean deficit every accrual after fry batter in a thin layer of; of 184 million dollar is thin 0.61 dollars, go up collection of year of the corresponding period get every deficit 0.49 dollars.
Differentiate by the brand, the sale is the same as inn of Athleta grows 26% compared to the same period, the sale is the same as inn of Old Navy grows 7% compared to the same period, the sale is the same as inn of Gap brand drops compared to the same period 6% , the sale is the same as inn of Banana Republic drops compared to the same period 22% .
The total sales on company line grows 49% compared to the same period, take a quarter inside 46% of clean sale.
2020 annual, clean sale is 13.8 billion dollar, drop compared to the same period caustic of 16%; net loss 665 million dollar, go up collection of year of the corresponding period clean profit every deficit after fry batter in a thin layer of; of 351 million dollar is thin 1.78 dollars, go up collection of year of the corresponding period get every income 0.93 dollars.
Look into 2021 money year, the company predicts clean sale will grow about 15% , every gains after fry batter in a thin layer is thin will come in 1.2 dollars between 1.35 dollars. Company plan is opened this year 30 mix to inn of door of 40 Old Navy 20 to inn of 30 Athleta door, will close about 100 Gap and store of Banana Republic door in the whole world.
