Gap Eyes Weak Third-Quarter Sales as Consumer Spending Weakens

25-8-2023 Business Services https://www.businessoffashion.com/arc/outboundfeeds/rss/?outputType=xml 63
Gap Inc. on Thursday forecast a steeper-than-expected decline in current-quarter sales after missing expectations in the second quarter, hit by slowing demand for its accessories and apparel as budget-strained American customers cut back on spending.
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