Radar > 237939

GAP and Banana Republic announce exit from Colombia

GAP y Banana Republic anuncian su salida de Colombia

Intel ID : 237939
Synopsis

GAP (NYSE:GPS), a US-based apparel retailer and distributor, and Banana Republic, a US-based luxury apparel and accessories retailer and distributor, announced their exit from Colombia, reported La República on 22 June, 2016.

Specifically, it was Superior Brands Holding, a Panama-based group that manages the brands in Central America, the Caribbean, and part of South America, which announced the exit from the country, now added to GAP's closing in Costa Rica (see related intel).
(content in spanish)

GAP (NYSE: GPS), distribuidora estadounidense de ropa, y Banana Republic, empresa estadounidense dedicada a la distribución y venta de ropa y complementos de lujo, han anunciado su salida de Colombia, según ha informado La República el 22 de junio de 2016.

En concreto, ha sido Superior Brands Holding, grupo panameño que gestiona las marcas estadounidenses para Centroamérica, el Caribe y parte de Suramérica, quien ha anunciado esta salida del país, la cual se suma al cierre de GAP en Costa Rica (ver Intel relacionado).

Bidder

Banana Republic
United States
GAP
United States

Intel ID 237939
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Native Currency US Dollar (USD)
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
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Description

Bidder

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Distribution and Retail (Primary)
Industry / Fashion and Textile
Primary Sector (TTRSC)
15.01.02 Clothing
15 Consumer Products & Services / 15.01 Apparel & Accessories

Secondary Sectors (TTRSC)
15.05.03 Clothing, Apparel & Accessories Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

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Subsector (Old TTR Sectors)
Industry / Fashion and Textile (Primary)
Country
Description

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potential Potential: Unconfirmed as a party to an active or possible transaction.

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prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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