September 23, 2008 |
Gap Inc. agreed to buy Athleta Inc. for about $150 million in cash to boost Gap's offerings of women's athletic apparel. Athleta, based in Petaluma, Calif., sells its products through catalogs and on its website. Gap, based in San Francisco, plans to sell the clothing online along with the Old Navy, Banana Republic, Gap and Piperlime brands. Gap shares fell 27 cents to $18.81. The purchase was announced after markets closed.
August 22, 2008 |
Apparel retailer Gap Inc. said Thursday that tight control on inventory and costs helped offset a persistent sales slump, particularly at its Old Navy stores, as fiscal second-quarter profit rose 51%. Its shares rose 69 cents, or 3.6%, to $19.70 during after-hours electronic trading. They had closed down a penny at $19.01 before the earnings news. The San Francisco-based company said profit for the three months that ended Aug. 2 rose 51% to $229 million, or 32 cents a share, from $152 million, or 19 cents, a year earlier.
April 6, 2008 |
MAYBE it's time to require all these companies pushing "eco-friendly" clothes to list their ingredients, soup can-style. Take Banana Republic. Its new Green Collection is made with sustainable materials such as organic cotton, soy silk and bamboo -- and spandex. A halter dress, for example, has braided hemp straps, but it also has bra-like pads sewn into the bodice made of foam rubber. A knit tank top is made from a fabric that's just 5% soy silk. That's diet green, at best.
October 12, 2007 |
Gap Inc., the largest U.S. clothing retailer, named Jack Calhoun, 43, president of its Banana Republic unit. Calhoun has served in the position on an interim basis since February. Banana Republic also started searching for a new design chief with the departure of Deborah Lloyd, 43, as of Oct. 19, San Francisco-based Gap said. Lloyd will be co-president of Kate Spade, a division of Liz Claiborne Inc.
June 2, 2007 |
PERFUME IS MY greatest refuge. To be blunt, it keeps the stink of the real world at bay in a way that a million other divertissements can't. Perfume is also forgiving. Unlike fashion, scent doesn't mock a would-be wearer for not being a size 4 or for having a short torso. It's the great social equalizer of luxury items.
January 17, 2007
Re "Left out in '08," editorial, Jan. 14 Some of us believe we are getting the best now from Gov. Arnold Schwarzenegger precisely because the presidency is barred to him. Consider the careful way every declared and potential candidate for the 2008 nomination is shaping his or her thinking on every hot-button issue from Iraq to Social Security reform. Rather than bold initiatives and real vision, presidential potentials are counseled to obscure their thoughts. Leave Schwarzenegger and anyone arriving in the United States before 2010 out of any discussion to change the wording of the Constitution.
April 25, 2005
Since the Monroe Doctrine of 1823, the U.S. has tried to mold Latin America in its own image. But credit House Majority Leader Tom DeLay and other conservative Republicans for taking a different approach. With their war on the so-called imperial judiciary, they seem intent on importing Latin American ways to the U.S. The region to the south, where authoritarian leaders have more often than not been the rule, continues to have a hazy attachment to the rule of law.
October 5, 2003 |
How fitting that the final days of the recall campaign would be dominated by a discussion of groping. Does it matter that Arnold Schwarzenegger, front-runner in the race to become governor of California, demonstrated a pattern of sticking his hands, uninvited, into the shirts of young women? Is it fair that these incidents were reported so late in the campaign?
July 3, 2003
Re "Amid Dire Warnings, State Again Misses Budget Deadline," July 1: Make no mistake about the budget crisis. We could have passed a budget a long time ago if passage required simple majority rule. However, thanks to our ridiculous Constitution, our state is being hijacked by a bunch of right-wing Republicans who will either rule California or ruin it. As a result, schools, emergency wards for the poor, medical care for the elderly, special programs for the handicapped, libraries and state colleges and universities will shut down.