Athleta Sales Decline 5% in Q4
Gap Inc.’s women’s athletic brand finished the year with $396 million in Q4 revenue, down 5% from $419 million, and same-store sales declined just 2%. Athleta maintained market share in the quarter, but GPS said there is still work to be done to improve the brand’s execution in order to position it to regain momentum.
U.S. sales dipped 5% to $385 million, while ... Log in to view full article.
