Monday, August 29, 2011

Gap Inc. to Bring Banana Republic Flagship to Avenue des Champs Élysées


  


PARIS--(BUSINESS WIRE)--Gap Inc. announced today plans to open its first Banana Republic store in France in Paris in early December 2011.

Synonymous with culture, quality, heritage and style, the store will be located on Avenue des Champs Élysées (lower left photo), one of the most popular international shopping destinations in the world.

“Following the success of our London and Milan openings, we are delighted to bring Banana Republic to Paris and take another exciting step in our international growth strategy,” said Stephen Sunnucks (top right photo), president, International, Gap Inc. “With loyal customers across Europe, both in our stores and online, we are confident that Banana Republic’s proposition of affordable luxury will resonate well with Parisian customers.”

 The flagship store is part of Gap Inc.’s ongoing strategy to bring Banana Republic’s affordable luxury offering to new markets around the world, including Europe.

 Last year, the company opened its first Banana Republic store in Italy in Milan. In 2010, the company also made Banana Republic products available to European customers online by launching a dedicated e-commerce site (www.bananarepublic.eu).

Today, this site services 21 European countries, including France. Gap Inc. currently operates more than 600 Banana Republic stores in the United States, United Kingdom, Canada, Italy, and Japan.

 For more information, please visit www.gapinc.com.

Contact:  Gap Inc., Catherine Rhoades, 415-427-2807, press@gap.com

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