Why Gap Will Never Be Great Again
Date: Jul 06 2012
Filed under: Company News, Retail
Gap (GPS) investors should be pretty stoked right now.
Shares of the company behind Old Navy, Banana Republic, and its namesake apparel chain have been on fire this year. Gap’s stock has climbed higher in five of the past six months, notching an impressive 47.5% gain through the first half of 2012.
It’s easy to fall into the trap — a Gap trap, if you will — of thinking that the former Wall Street darling is back. Gap was a big retail winner through the 1980s and 1990s, but things haven’t…
Why Gap Will Never Be Great Again originally appeared on DailyFinance.com on 2012-07-05T14:53:00Z.
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