Monday, November 23, 2009

Gap's Profits Jump 25%




Gap

Fueled by re-inventing the fit of its jeans and producing a tailored look, Gap posted a 25% profit.  Its been a busy year at Gap, not only is it currently setting it sight on new Asian markets, but its collaborating left and right.  For the past few seasons Pierre Hardy has been the mastermind behind their designer shoes, aside from  Gap he creates footwear for Balenciaga and most recently Stella Mccartney created a collection for Gap Kids which sold out in many stores. Gap's third quarter profits totaled $307 million.

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