Holy Crap! We're Losing the Gap!
Well, not exactly. But the rhyme was good so I couldn't pass it up. However, Gap is reducing by 10% it's number of stores in the U.S. while increasing it's presence in China. To additionally fight a tough economy and major competition from stores like H&M, they are looking at some collaborations. Looks like Diane von Furstenberg is doing one for Gap Kids that would hit stores this Spring. That's a collaboration I could get behind! As for losing some Gap stores... yawn. I don't think anyone will even notice.