Old Navy

Gap Inc. Releases 2020 Global Sustainability Report

Retrieved on: 
Wednesday, September 29, 2021
Men, Other Retail, Professional Services, Family, Specialty, Consumer, Fashion, Textiles, Retail, Women, Human Resources, Manufacturing, Goal, Biophysical environment, Man, Old Navy, Clothing, Design, Climate, Climate change, ESG, Spring Collection, Woman, Collection, Inclusive, Water, Culture, Carbon, Good, Workplace, Omnichannel, Drinking water, Plastic, Program, Gap Inc., GPS, Natural Resources, Love, Navy, Investment, Inc., NYSE, Industry, Renewable energy, Retail, Recycling

Gap Inc. (NYSE: GPS) has released its 2020 Global Sustainability Report, transparently summarizing actions and progress towards its bold sustainability commitments .

Key Points: 
  • Gap Inc. (NYSE: GPS) has released its 2020 Global Sustainability Report, transparently summarizing actions and progress towards its bold sustainability commitments .
  • program, Gap Inc. provides women with foundational life skills, technical training and support to advance at work and in their lives.
  • As of the end of fiscal year 2020, Gap Inc. has empowered 650,000 people to improve their access to water and sanitation.
  • This report covers Gap Inc.s global operations for fiscal 2020, which ended on January 30, 2021, unless otherwise noted.

Gap Inc. Announces Closing of $1.5 Billion Senior Notes Offering

Retrieved on: 
Monday, September 27, 2021
Online Retail, Retail, Fashion, Debt-to-GDP ratio, Securities Act of 1933, Man, Old Navy, Clothing, Design, Collection, Person, Inclusive, Indenture, Note, Gap Inc., Omnichannel, Gap, Company, GPS, Woman, Love, Regulation, U.S. Bancorp, President's Pay Agent, NYSE, SEC Rule 144A, Security (finance)

The Gap, Inc. (NYSE: GPS) (Gap Inc. or the Company) today announced it has closed its previously announced offering of $1.5 billion of senior notes (the Notes), consisting of $750 million aggregate principal amount of the Companys 3.625% Senior Notes due 2029 and $750 million aggregate principal amount of the Companys 3.875% Senior Notes due 2031.

Key Points: 
  • The Gap, Inc. (NYSE: GPS) (Gap Inc. or the Company) today announced it has closed its previously announced offering of $1.5 billion of senior notes (the Notes), consisting of $750 million aggregate principal amount of the Companys 3.625% Senior Notes due 2029 and $750 million aggregate principal amount of the Companys 3.875% Senior Notes due 2031.
  • Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any security.
  • Gap Inc., a collection of purpose-led lifestyle brands, is the largest American specialty apparel company offering clothing, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands.
  • Gap Inc. products are available for purchase worldwide through company-operated stores, franchise stores, and e-commerce sites.

Gap Inc. Announces Early Tender Results of Cash Tender Offers and Consent Solicitations for Any and All of its Senior Secured Notes

Retrieved on: 
Monday, September 27, 2021
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The Tender Offers and Consent Solicitations will expire at 11:59 p.m., New York City time, on October 8, 2021, unless extended or terminated by the Company.

Key Points: 
  • The Tender Offers and Consent Solicitations will expire at 11:59 p.m., New York City time, on October 8, 2021, unless extended or terminated by the Company.
  • Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are the Dealer Managers and Solicitation Agents in the Tender Offers and Consent Solicitations.
  • Global Bondholder Services Corporation has been retained to serve as the Tender and Information Agent for the Tender Offers and Consent Solicitations.
  • This press release contains forward-looking statements, including statements regarding the Tender Offers and Consent Solicitations, including the timing and potential effects thereof and other details relating thereto.

New Data Reveals Hottest Holiday Retail Trends, Forecasts Traditional Brick-and-Mortar Stores to Dominate Black Friday E-Commerce

Retrieved on: 
Tuesday, September 21, 2021
Marketing, Internet, Old Navy, Holiday, Google, Citibank, Target, Black Friday, YouTube, Amazon, Athleisure, Cyber Monday, Shein, Conductor, Yoga, Technology, Vanilla, Walmart, SEO, Zara, Visa, GLOBE, Retail, Online shopping, Music

The report 2021 U.S. Retail Trend Report: Whats Hot in U.S. Retail Trends?

Key Points: 
  • The report 2021 U.S. Retail Trend Report: Whats Hot in U.S. Retail Trends?
  • As retailers continue to bolster their online presence, Conductors 2021 Retail Trends Report highlights what brands and trends consumers are seeking out the most amid year two of the pandemic.
  • The report also spotlights a tight race to see which brand will claim the most coveted gift card this Black Friday.
  • Additionally, Conductors data indicates that, even as consumers continue to turn to e-commerce, traditional brick-and-mortar retailers are expected to dominate online Black Friday shopping.

Gap Inc. Announces Pricing of Offering of $1.5 Billion of Senior Notes

Retrieved on: 
Monday, September 13, 2021
Online Retail, Fashion, Other Retail, Retail, Department Stores, Securities Act of 1933, U.S. Securities and Exchange Commission, Debt-to-GDP ratio, Security (finance), Man, Forward-looking statement, Old Navy, Note, Inclusive, SEC Rule 144A, Omnichannel, Company, Gap Inc., Private Securities Litigation Reform Act, Regulation, Risk, Design, Love, NYSE, Annual report, Collection, Senior, Person, GPS, Clothing, Gap, Sale, Woman

The Gap, Inc. (NYSE: GPS) (Gap Inc.) today announced it priced an offering (the Offering) of $750 million aggregate principal amount of its 3.625% Senior Notes due 2029 (the 2029 Notes) and $750 million aggregate principal amount of its 3.875% Senior Notes due 2031 (the 2031 Notes and, together with the 2029 Notes, the Notes), each at an offering price of 100% of the principal amount thereof.

Key Points: 
  • The Gap, Inc. (NYSE: GPS) (Gap Inc.) today announced it priced an offering (the Offering) of $750 million aggregate principal amount of its 3.625% Senior Notes due 2029 (the 2029 Notes) and $750 million aggregate principal amount of its 3.875% Senior Notes due 2031 (the 2031 Notes and, together with the 2029 Notes, the Notes), each at an offering price of 100% of the principal amount thereof.
  • The Notes will be guaranteed on a senior unsecured basis, jointly and severally, by each of our existing wholly owned domestic subsidiaries that is a borrower or guarantor under our existing ABL Credit Agreement.
  • The closing of the offering of the Notes is expected to occur on or about September 27, 2021, subject to the satisfaction of customary closing conditions.
  • We intend to use the net proceeds from the sale of the Notes, together with cash on hand, to purchase any and all of our outstanding 8.375% Senior Secured Notes due 2023, 8.625% Senior Secured Notes due 2025 and 8.875% Senior Secured Notes due 2027 (collectively, the Existing Secured Notes) that are accepted for purchase pursuant to tender offers and consent solicitations announced by Gap Inc. on September 13, 2021.

Gap Inc. Commences Cash Tender Offers and Consent Solicitations for Any and All of Its Senior Secured Notes

Retrieved on: 
Monday, September 13, 2021
Retail, Online Retail, Department Stores, Fashion, Date, Mini-tender offer, U.S. Securities and Exchange Commission, Security (finance), Man, Person, Solicitation, Old Navy, Inclusive, Hand, Omnichannel, Citigroup, Company, Risk, Adoption, Design, Tender, Personal Information Agent, Love, Annual report, Morgan Stanley, Expiration date, Tender offer, Convention to propose amendments to the United States Constitution, Expiration, Collection, Francis Holder, Indenture, Gap Inc., Settlement, Clothing, Woman, Life insurance, Cryptocurrency

Holders of Notes tendering their Notes after the Early Tender Deadline will receive the applicable Tender Consideration but will not be eligible to receive the Early Tender Premium.

Key Points: 
  • Holders of Notes tendering their Notes after the Early Tender Deadline will receive the applicable Tender Consideration but will not be eligible to receive the Early Tender Premium.
  • The Tender Offers are not conditioned on the tender of any minimum principal amount of Notes, the consummation of any other Tender Offer or obtaining any Requisite Consent.
  • Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are the Dealer Managers and Solicitation Agents in the Tender Offers and Consent Solicitations.
  • Global Bondholder Services Corporation has been retained to serve as the Tender and Information Agent for the Tender Offers and Consent Solicitations.

PROG Holdings Appoints Two New Independent Directors to Board

Retrieved on: 
Thursday, September 9, 2021
Technology, Mobile, Wireless, Finance, Other Technology, Professional Services, Software, Internet, Retail, Online Retail, Caroline Sheu, Ray Martinez, PROG Holdings, Inc., CAROLINE SHEU, RAY MARTINEZ, PROG HOLDINGS, INC.

Caroline and Ray are recognized leaders who have built large digital brands based on strong consumer loyalty and engagement and their collective experiences will be a welcome and valuable addition to our Board, said Ray Robinson, Chairman of PROG Holdings.

Key Points: 
  • Caroline and Ray are recognized leaders who have built large digital brands based on strong consumer loyalty and engagement and their collective experiences will be a welcome and valuable addition to our Board, said Ray Robinson, Chairman of PROG Holdings.
  • Were pleased to welcome Caroline and Ray as new independent directors, said Steve Michaels, PROG Holdings President and Chief Executive Officer.
  • With the addition of Ms. Sheu and Mr. Martinez, PROG Holdings has added three new independent directors to its Board in 2021, each of whom possesses significant experience integrating and growing digital capabilities to drive engagement and expansion through connected and personalized consumer experiences.
  • More information on PROG Holdings' companies can be found at https://www.progholdings.com .

Gap Profiles INDIVIDUALS in its Fall 2021 Campaign, Celebrating Representation, Inclusion and Optimism

Retrieved on: 
Tuesday, September 7, 2021

"Gapcontinues to amplify the voices ofchangemakingand culture shapingindividuals, celebrating who they are and what makes thematruerepresentation ofthe voices oftoday.These incredible individualscharacterizean optimistic futurefueled bycreativity, possibility and unity."

Key Points: 
  • "Gapcontinues to amplify the voices ofchangemakingand culture shapingindividuals, celebrating who they are and what makes thematruerepresentation ofthe voices oftoday.These incredible individualscharacterizean optimistic futurefueled bycreativity, possibility and unity."
  • The campaign wasconcepted by Gap Global Creative Director, Len Peltier,directedbyChristian Weber with portraits shot byrenownedphotographer Mark Seliger INDIVIDUALS and creativevisionariesin their own right.
  • Weber and Seliger have been capturing signature Gap creative for years, spanning from the1990s to today.
  • Gap is the namesake brand for leading global specialty retailer, Gap Inc. (NYSE:GPS) which includes Old Navy, Gap, Banana Republic and Athleta brands.

Gap Inc. to Participate in Goldman Sachs Global Retailing Conference

Retrieved on: 
Wednesday, September 1, 2021
Fashion, Online Retail, Retail, Department Stores, Catalog, Specialty, Private Securities Litigation Reform Act, Gap Inc., GPS, U.S. Securities and Exchange Commission, Love, Collection, Old Navy, Clothing, Man, Goldman, NYSE, Omnichannel, Design, Conference, Goldman Sachs, Woman, Inclusive, Security (finance), Inc.

Gap Inc. (NYSE: GPS) today announced its participation in the Goldman Sachs 28th Annual Global Retailing Conference on September 9, 2021.

Key Points: 
  • Gap Inc. (NYSE: GPS) today announced its participation in the Goldman Sachs 28th Annual Global Retailing Conference on September 9, 2021.
  • Chief Executive Officer Sonia Syngal and Chief Financial Officer Katrina OConnell will present at a virtual fireside chat at 10:40 a.m. Pacific Time.
  • A replay will be available at this website for 30 days following the live event.
  • This webcast may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

Athleta Launches E-Commerce In Canada

Retrieved on: 
Tuesday, August 31, 2021
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Athleta will offer free standard shipping on all orders over $50 anywhere in Canada.

Key Points: 
  • Athleta will offer free standard shipping on all orders over $50 anywhere in Canada.
  • The brand will join the over 230 certified B Corp businesses operating in Canada.
  • *Source: Canada NPD July '20 vs. July '21
    This press release contains forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995.
  • Forward-looking statements include statements regarding store openings in Canada and across North America, and growing sales to two billion dollars by 2023.