Gap Announces Global Expansion Plans
July 22, 2014
San Francisco-based Gap Inc. recently announced plans to introduce the Gap brand to Slovenia and Austria through agreements with new and existing franchise partners. Magistrat Intl., a new partner, will launch the brand in Slovenia. Magistrat will open three stores for the first time later this year in the Slovenian capital of Ljubljana. City Park, Slovenia’s largest shopping center, will be the location for the first two freestanding stores; one for adult and one for kids and baby. The third store will feature the full collection of men’s, women’s, kids and baby. All locations are scheduled to open by September. Gottex, which currently manages the Gap franchise business in Israel and Hungary, will launch the brand in Austria. The company will open the first store in Vienna, Austria, in October. The freestanding Gap store will be located at the Donauzentrum Mall and will provide a full product assortment and branded store experience to local consumers. Gap Inc. has expanded the international reach of its brands since launching its first franchise-operated store in 2006. Over the last eight years, the company has grown its store base and currently has more than 300 global franchise stores.