Turnover: 13.6 million EUR (2022)
Country: United States
- Gap is one of the world's leading ready-to-wear brands, founded in 1969 in San Francisco.
- Including its subsidiaries, it has over 3,000 stores worldwide.
- The company also owns the high-end fashion brands Old Navy, Banana Republic, Athleta and Intermix.
- The group has 35 stores in France, but is experiencing a decline in sales on the French market.
- In France, the chain of some 20 stores in difficulty is taken over by businessman Michel Ohayon in 2022
- The French company went into receivership in February 2023
News
Gap fails to turn its fortunes around 12/07/2022
- The American group that owns Gap, Banana Republic, Athleta and Old Navy announces the resignation of its CEO Sonia Syngal, who arrived in 2020 in the midst of a storm
- It has acknowledged that it expects a further decline in sales for the current quarter, of the order of 10%
- Last year, the company posted sales of 17 billion euros, with net income of 256 million euros
Financial Data
DUNS: 391918158
Legal Name: GAP FRANCE SAS
Address: 12 PL DAUPHINE , 75001 PARIS 1
Number of employees: Entre 250 et 499 salariés (2021)
Capital: 11 487 592 EUR
Financial Data:
| Year | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | - | 13 615 268 | 24 661 784 | 59 532 552 | 68 638 708 | 85 171 165 | 96 833 314 | 108 065 569 | 116 686 344 |
| Gross margin (€) | 102 968 | 16 532 238 | 12 839 481 | 35 128 656 | 37 551 549 | 46 725 436 | 51 750 359 | 69 690 511 | - |
| EBITDA (€) | -2 124 180 | -13 328 921 | -23 598 733 | -17 898 520 | -17 481 346 | -16 730 512 | -14 098 466 | -4 453 552 | - |
| Operating profit (€) | -3 348 705 | -5 868 078 | -33 455 736 | -22 807 971 | -19 697 347 | -18 499 471 | -17 075 542 | -7 947 294 | - |
| Net profit (€) | -2 303 336 | -19 053 382 | -26 811 817 | -38 657 790 | -18 221 505 | -8 989 152 | -20 958 414 | -9 267 066 | -11 292 322 |
| Turnover growth rate (%) | -100 | -44,8 | -58,6 | -13,3 | -19,4 | -12 | -10,4 | - | - |
| Ebitda margin rate (%) | - | -97,9 | -95,7 | -30,1 | -25,5 | -19,6 | -14,6 | -4,1 | - |
| Operating margin rate (%) | - | -43,1 | -135,7 | -38,3 | -28,7 | -21,7 | -17,6 | -7,4 | - |
| Working Capital (turnover days) | - | 9,3 | -26,6 | 3,1 | 17,7 | 16,3 | 8,4 | 0,5 | - |
| Working Capital requirements (turnover days) | - | -59,5 | 0,4 | 15,5 | 22,6 | 24,9 | 18,1 | 11,2 | - |
| Net margin (%) | - | -139,9 | -108,7 | -64,9 | -26,5 | -10,6 | -21,6 | -8,6 | - |
| Added value / Turnover (%) | - | -19,9 | -27 | 6,9 | 7,9 | 11 | 13,9 | 17,7 | - |
| Wages and social charges (€) | 1 396 977 | 10 028 689 | 14 978 952 | 17 950 894 | 18 507 927 | 21 031 179 | 21 532 191 | 22 551 317 | - |
| Salaries / Turnover (%) | - | 73,7 | 60,7 | 30,2 | 27 | 24,7 | 22,2 | 20,9 | - |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président | Delaram | Mireskandari | 55 |
Studies mentioning this company
The men's ready-to-wear market - France
Other companies mentioned:
- Kiabi Europe
- Fast retailing Group Unoqlo
- Jack & Jones
- GAP
- Armand Thiery
- Celio
- Inditex groupe (Zara)
- C&A France
- Ralph Lauren
- Intersport France
- Go Sport France
- Bonne Gueule
- Asphalte
- 1083
- Zadig et Voltaire
- Brice (groupe Mulliez)
- Jules (groupe Mulliez)
- Devred
- Eden Park
- Massimo Dutti (Inditex groupe)
- H&M Groupe
- Decathlon Groupe
The children's clothing market - France
Other companies mentioned:
- GAP
- Inditex groupe (Zara)
- Kiabi Europe
- IKKS
- C&A France
- Générale pour l'enfant Groupe (Sergent Major)
- Petit Bateau
- Intersport France
- Idkids Groupe
- Jacadi (Idkids groupe)
- Sport 2000
- GEMO (Eram Groupe)
- Vert Baudet
- Cyrillus
- DPAM Du Pareil au Même (Générale pour l'enfant groupe)
- Catimini (Idkids Groupe)
- Natalys
- Petit Pan
- Absorba (Idkids Groupe)
- Okaidi (Idkids)
- Tape à l'Œil
- Orchestra Prémaman
- Sucre d'Orge
- Petit Béguin
- Vinted
- Shein
The children's clothing market - United States
Other companies mentioned:
- Carter's
- Walmart
- The Children's place
- Target
- Gymboree
- Benetton
- GAP
- Tea Collection
- Hanna Andersson
- Janie and Jack
- Boden
- OshKosh B'gosh
- Appaman
The baby clothing market - United States
Other companies mentioned:
- Carter's
- Walmart
- The Children's place
- Target
- Gymboree
- Benetton
- GAP