Denim Retailer Gap Posts Increased 3rd Quarter Profits in 2009

Adding to the constant inflow of positive news on denim sales, Gap reported 25% increase in profits as compared to the same quarter last year. The introduction of the low priced Premium Denim 1969 jeans seems to have done some good to the retailer and brought back some lost customers. Though denim jeans is not the only reason for increase in profits at Gap, but nevertheless, the performance seems impressive when seen against the backdrop of results of  two large … Continue reading Denim Retailer Gap Posts Increased 3rd Quarter Profits in 2009