Report: Gap plans China expansion

San Francisco – Gap Inc. reportedly plans a substantial increase in its Gap and Old Navy store count in China during the next several years. Reuters reports that Gap plans to add 30 stores to its existing 81 Chinese locations.

In addition, Gap, which opened the first Chinese Old Navy store in Shanghai on Saturday, March 1, and intends to open five more Old Navy stores by the end of 2014. The retailer also plans to expand its online presence in China and invest in brand awareness among Chinese consumers.

 

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