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Old Navy and Gap Separating into Two Different Companies

Gap Inc. recently announced plans to separate into two independent publicly traded companies by 2020. Old Navy will be a stand alone store and a yet-to-be-named company will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix, and newly-launched Hill City.

This separation will enable each company to maximize focus and flexibility to meet its unique business needs.

You can read more about this here.

Thanks, Hip2Save!

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