Gap Inc. /zigman2/quotes/206554267/composite GPS +12.40% said Wednesday that it has entered into a franchise partnership with Reliance Retail Limited to bring the namesake brand to India. Reliance Retail will become the official Gap retail across channels, including stores and digital. Gap stock has plunged 52% for the year to date, with the company's Old Navy brand struggling to stabilize.
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GPS
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GPS
US
: U.S.: NYSE
$
8.34
+0.92
+12.40%
Volume: 31.29M
May 26, 2023 4:00p
P/E Ratio
N/A
Dividend Yield
7.19%
Market Cap
$3.05 billion
Rev. per Employee
$162,263
