© Reuters. FILE PHOTO: A Gap Inc. retail store is shown in La Jolla, California, U.S., May 17, 2017. REUTERS/Mike Blake
(Reuters) – Gap Inc (NYSE:) is in negotiations with Hermione People and Brands, the retail branch of FIB Group, to sell its stores in France, the U.S. apparel retailer said on Wednesday.
The move follows the company’s strategic review of its European business to boost cost-effective ways of maintaining its presence in Europe.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Be the first to comment