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Gap Profits Soar

 

Gap’s recently released fourth-quarter numbers show a 61% rise in profits, to $351 million from $218 million a year ago, prompting a 1.3% rise in share prices after market close on Thursday. Compared to last year, Gap stores showed a 4% comparable gain, Old Navy rose 8% and Banana Republic was up 3%. As far as StyleForum is concerned, it’s difficult to see evidence – or justification – for these results, other than the fact that Gap is slowly adapting to the direction of menswear three years ago. 

 

Hot Topics

 

All About RRL

 

Do you like Ralph Lauren? Do you like really accurate vintage reproductions (that are also really expensive)? Take a look at RRL – Ralph Lauren’s shadowy, vintage-inspired and appropriately priced workwear line. 

 

All About Meermin

 

Meermin is fast becoming a low priced go to for posters fed up with clunky Allen Edmonds and Aldens. Sleek and Spanish-made, Meermin is a Carmina affiliated shoe brand that won’t break the back. Take a read.

 

Deals of the Day

 

Ann Demeulemeester, 8.5

 

Siki Im Blazer, FR 40/41