Gap, Inc.

Overview

Date Founded

1969

Headquarters

2 Folsom Street,San Francisco, CA 94105-1205

Type of Company

Public

Employees (Worldwide)

129K

Industries

Retail: Apparel & Footwear
Retail: Other
Apparel & Footwear
Consumer Services

Company Description

Gap, Inc. operates as a global apparel retail company. It offers apparel, accessories, and personal care products for men, women and children. The company operates through segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Intermix. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody and GapFit collections. The Old Navy Global segment offers clothing and accessories for adults and children. The Banana Republic Global segment provides clothing, eyewear, jewelry, shoes, handbags and fragrances. The Athleta segment offers fitness apparel for women. The Intermix segment features styles from various designers. The company founded by Donald G. Fisher and Doris F. Fisher in July 1969 and is headquartered in San Francisco, CA.

Website

http://www.gapinc.com

Contact Data

Trying to get in touch with decision makers at Gap, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!

In The News

Nasdaq

January 19, 2021

Gap (GPS) to Gain on Brand Strength & Online Demand in 2021

RelSci

January 15, 2021

Asheesh Saksena is now serving in a new position at Gap, Inc.

Portland Business Journal (Oregon)

January 13, 2021

Old Navy to close at Lloyd Center

Nasdaq

January 13, 2021

BUZZ-U.S. STOCKS ON THE MOVE-Zoom Video Communications, Inari Medical, Lordstown Motors, Rockwell Medical

Nasdaq

January 13, 2021

S&P 500 Movers: GPS, INTC

Reveal deeper insights into your organization's relationships
with RelSci Contact Aggregator.

Empower Your Business Applications with Industry-Leading
Relationship Data from the RelSci API.

Get Contact Information on the
World's Most Influential Decision Makers.

Discover the Power of Your Network with
RelSci Premium Products.

Executives & Employees

Sonia Syngal

Director, President & Chief Executive Officer

Bobby L. Martin

Executive Chairman

Katrina O’Connell

Executive Vice President & Chief Financial Officer

Shawn Curran

Chief Operating Officer & Executive Vice President

Julie Gruber

Executive Vice President, Global General Counsel, Corporate Secretary & Chief Compliance Officer

Mary Alderete

Chief Marketing Officer

John Strain

Chief Digital & Technology Officer

Sandra Stangl

President & Chief Executive Officer, Banana Republic

Sally Gilligan

Chief Information Officer & Chief Strategy Officer

Asheesh Saksena

Chief Growth Officer

Board of Directors

Bobby L. Martin

Executive Chairman at Gap, Inc.

Robert J. Fisher

Co-Founder at Pisces Foundation

Elizabeth A. Smith

President, Chief Executive Officer, Director at Bain Capital LP

Sonia Syngal

Director, President & Chief Executive Officer at Gap, Inc.

Mayo A. Shattuck III

Former Executive Chairman at Exelon Corporation

William S. Fisher

Founder at Manzanita Capital Ltd.

John J. Fisher

Managing Partner, Board Member at Oakland Athletics LP

Bella D. Goren

Senior Vice President & Chief Financial Officer at American Airlines Pension Fund

Amy E. Miles

Former Chairman & Chief Executive Officer at Regal Entertainment Group

Jorge P. Montoya

Former President-Snacks & Beverage Division at Procter & Gamble Co.

Trending Organizations

Paths to Gap, Inc.

Potential Connections via
Relationship Science

You

Gap, Inc.

Owners & Shareholders

Details Hidden

Suvretta Capital Management LLC

Suvretta Capital Management employs a global long-short equity strategy and utilizes fundamental bottom-up approach to stock selection. The firm’s funds invest primarily in equities and equity-related securities globally. The sectors that the funds invest in include, but are not limited to, consumer/retail, technology, media and telecommunications (TMT), healthcare services, industrials, financials and energy. Their investment philosophy focuses on investing in mid- and large-capitalization companies. Suvretta Capital Management’ investment strategy starts with investing in industries which benefit from secular growth or shorting industries in secular decline. They strive to buy great companies in solid industries and short companies which are in weak industries and/or are losing market share. Suvretta Capital Management also looks for opportunities with hard or soft catalysts on both the long and short side. Additionally, the firm invests in larger or highly liquid companies.

Details Hidden

Candlestick Capital Management LP

Candlestick Capital seeks to generate attractive, risk-adjusted returns by employing a long-short strategy focused chiefly, though not exclusively, on the equity (and equity-related) securities of companies in the global consumer, internet and select industrial sectors, principally though not exclusively in the US. The firm’s investment theses for both long and short trading views are the products of a rigorous, bottom-up, fundamentally-driven research process. Candlestick Capital generally seeks to maintain a low- to modest- net exposure to the broader markets.

Details Hidden

Hall Capital Partners LLC

Hall Capital Partners Build global multi-asset class investment portfolios for families, foundations, and endowments Provide a platform of pooled vehicles Founded in 1994 Privately owned $24.1 billion under management, with $10.2 billion in alternatives Approximately 130 employees 20-person research team SEC-registered investment advisor Offices in San Francisco and New York City

Recent Transactions

Details Hidden

Gap, Inc. purchases Gym-Mark, Inc. from Gymboree Group, Inc.

Details Hidden

Gap, Inc. purchases Weddington Way, Inc. from Trinity Ventures LP, Battery Ventures, Peterson Partners, Inc., Felicis Ventures Management Co. LLC, Javelin Venture Partners Management LLC, Red Swan Ventures LLC

Details Hidden

Gap, Inc. purchases Intermix, Inc. from Goode Partners LLC

Insider Transactions

Details Hidden

Mark Breitbard

Details Hidden

Julie Gruber

Transaction Advisors

Legal Advisor

Orrick, Herrington & Sutcliffe LLP

Advised onGap, Inc. purchases Athleta Corp.

Legal Advisor

Brett E. Cooper

Advised onGap, Inc. purchases Athleta Corp.

Associate

Ahalya Sri Hildreth

Advised onGap, Inc. purchases Gym-Mark, Inc. from Gymboree Group, Inc.

Legal Advisor

Chris Chavez

Advised onGap, Inc. purchases Intermix, Inc. from Goode Partners LLC

Advisors & Consultants

Consultant

The Energy Project

The Energy Project energizes people and transforms companies, offering a detailed blueprint for fueling a fully engaged workforce. Drawing on the multidisciplinary science of high performance, we do this at three levels: We train people to perform sustainably at the highest levels by more skillfully managing their energy across four dimensions: physical, emotional, mental and spiritual to develop actionable strategies that help them to become more energized, focused and productive. We teach leaders to become Chief Energy Officers, who mobilize, inspire, focus, direct and regularly recharge the energy of those they lead. We partner with companies to help them better meet the core needs of their employees, so they’re freed, fueled and inspired to bring the best of themselves to work every day. Demand is exceeding our capacity. Time is the resource we’ve traditionally relied on to get more done. The problem with time is that it’s finite, and most of us no longer have additional hours left to invest at work. Energy, by contrast, can be expanded and regularly renewed. Drawing on the multidisciplinary science of high performance, The Energy Project has developed a set of simple principles and highly actionable practices for more effectively managing energy to drive higher levels of engagement, productivity, and innovation. Our clients range from companies such as Google, Coca Cola, Target, Sony, Ernst & Young, and Pfizer to organizations such as the Los Angeles Police Department, the Cleveland Clinic, Kipp Schools and many others.

Advisor

Sabrina Simmons

Former Chief Financial Officer at Gap, Inc.

Advisor

Teri List-Stoll

Former Executive Vice President & Chief Financial Officer at Dick's Sporting Goods, Inc.

Legal Advisor

Robert J. Stucker

Shareholder at Vedder Price P.C.

Clients

Synchrony Financial

Synchrony Financial engages in the provision of consumer financial services. It operates through three sales platforms: Retail Card, Payment Solutions, and CareCredit. The Retail Card platform is a provider of private label credit cards, and also provides Dual Cards and small-and medium-sized business credit products. The Payment Solutions platform is a provider of promotional financing for major consumer purchases, offering private label credit cards and instalment loans. The CareCredit platform is a provider of promotional financing to consumers for elective healthcare procedures or services, such as dental, veterinary, cosmetic, vision and audiology. The company was founded on September 12, 2003 and is headquartered in Stamford, CT.

Dufry AG

Dufry AG engages in the travel retail business. It operates through the following segments: Europe and Africa; Middle East, Asia, and Australia; Latin America; North America; and Distribution Centers. The company was founded in 1865 and is headquartered in Basel, Switzerland.

ThredUp Inc.

thredUP, Inc. operates as an online clothing resale shop. It also provides shoes and handbags. The firm sells its products under the brand names Vince, J. Crew, GAP, Splendid, Gymboree, Crecuts, Mini boden, Free people, Alice Olivia, Marc by Marc Jacobs, Crewcuts, Baby Gap. The company was founded by James Reinhart, Chris Homer and Oliver Lubin in January 2009 and is headquartered in San Francisco, CA.

Key Stats and Financials As of 2020

Market Capitalization

$8.71B

Total Enterprise Value

$12.6B

Earnings Per Share

$0.93

Revenue

$16.4B

Enterprise Value / Sales

0.77x

Enterprise Value EBITDAOperating

3.94x

TEVNet Income

35.91x

Debt TEV

0.61x

EBITDAMargin

9.56%

Total Equity

$3.32B

Total Debt

$7.68B

EBITDA

$1.57B

Net Profit

$351M

Three Year Compounded Annual Growth Rate Of Revenue

1.83%

Non-Profit Donations & Grants

$250 - $499

2019

Marin Civic Ballet Association

$2,000 - $4,999

2019

New York Road Runners

$100 - $999

2019

Chinese Hospital Association (California)

Political Donations

$2,500

2014

Kevin McCarthy

$5,000

2014

Kamala D. Harris

$5,000

2014

Edmund G. Brown, Jr.

Investors

Details Hidden

Suli Ali

Manager at Basic Capital (GP) LLC

Suppliers

Macerich Co. Trusts & Funds | Santa Monica, California

Macerich® (NYSE: MAC) aligns exceptional retail properties in attractive U.S. markets with the business goals of the nation's retailers and the shopping preferences of local consumers. The company is one of the country’s leading owners, operators and developers of major retail properties. Macerich brings long-experienced management and a conservative approach to guiding its dynamic, well-placed portfolio, along with a commitment to retailer success that endures. Macerich properties include many top-performing centers in high-barrier-to-entry markets, including: Queens Center in New York City Tysons Corner Center in Northern Virginia just outside Washington, D.C. Scottsdale Fashion Square in Arizona Broadway Plaza in Walnut Creek, Calif. Washington Square near Portland, Ore

Tanger Factory Outlet Centers Inc. Trusts & Funds | Greensboro, NC

Tanger Factory Outlet Centers, Inc. is a fully-integrated, self-administered and self-managed real estate investment trust. It focuses on developing, acquiring, owning, operating and managing outlet shopping centers. The company was founded by Stanley K. Tanger in 1981 and is headquartered in Greensboro, NC.

IRC Retail Centers, Inc. Trusts & Funds | Oak Brook, IL

IRC Retail Centers, Inc., part of DRA Advisors LLC, is an American company located in Oak Brook, IL, that acts as Private Equity Fund. It was founded in 1994. Mark E. Zalatoris is the CEO, in this role since 2000. IRC Retail Centers, Inc. was acquired by DRA Advisors LLC on 30 Mar 16 for $1,065.64 million.The company says this about itself: IRC Retail Centers LLC is a real estate company focused on owning and operating open-air neighborhood, community and power shopping centers located in well-established markets primarily in the Central and Southeastern U.S. The company currently has an ownership interest in more than 130 properties totaling approximately 15 million square feet of leasable space. Its necessity and value-centered retail portfolio features properties that deliver the right combination of location, market position, and tenant mix to drive consumer traffic at its centers.

Awards & Honors

Rank #177

2016

Fortune Magazine - Fortune 1000 Companies