• Kanye West says ‘Black Board Seats Matter’ at Adidas, Gap

    Kanye West says ‘Black Board Seats Matter’ at Adidas, Gap

    Kanye West — who has a lucrative Yeezy fashion line with Adidas and recently signed a 10-year deal with Gap — took to Twitter to complain about his lack of a board seat with either company. “I DONT HAVE A BOARD SEAT AT GAP I DONT HAVE A BOARD SEAT AT ADIDAS … BLACK BOARD …
  • Old Navy will pay employees to work the polls on Election Day

    Old Navy will pay employees to work the polls on Election Day

    Old Navy is offering to pay its employees a full day’s rate to volunteer as poll workers on Election Day in November, the company announced Tuesday. It’s a move that comes amid alarming reports of a looming nationwide shortage of poll workers, who are typically elderly and retired people — a population that this year …
  • Boeing grounds several 787 jets due to manufacturing defect

    Boeing grounds several 787 jets due to manufacturing defect

    Boeing has found manufacturing defects on some of its 787 long-range airliners in areas where parts of the fuselage are joined together, the latest setback for the aircraft maker whose 737 Max is still grounded after two deadly crashes. The company said Friday that eight planes must be inspected and repaired before they are allowed …
  • Gap, Banana Republic to close more than 225 stores this year

    Gap, Banana Republic to close more than 225 stores this year

    Gap and Banana Republic will close more than 225 stores worldwide this year as their parent company slims down its brick-and-mortar footprint. Gap Inc’s Thursday announcement suggests it’s closing far more stores than it expected in March, when it said it would end the 2020 fiscal year with about 90 fewer company-operated shops. The San …
  • Gap stock plunges after Kanye West threatens to kill Yeezy deal

    Gap stock plunges after Kanye West threatens to kill Yeezy deal

    Shares of the Gap tumbled as much as 7.4 percent Monday after Kanye West threatened to kill its fledgling partnership with his Yeezy brand unless he was given a spot on the company’s board. The rapper-turned-politician issued a similar ultimatum to sportswear giant Adidas — which produces his label’s sought-after sneakers — in a rambling …
  • Kanye West reveals first look at Yeezy Gap line

    Kanye West reveals first look at Yeezy Gap line

    Onetime Gap employee Kanye West is now sharing a sneak peek at his own collaboration with the mega-retailer. On Thursday, the head and heart behind Yeezy, 43, shared a short video — presumably from within his currently-under-construction Wyoming manufacturing plant — of an early fitting for his collection. In the five-second clip, a mix of …
  • Simon Property sues Gap for not paying rent during coronavirus crisis

    Simon Property sues Gap for not paying rent during coronavirus crisis

    The nation’s biggest mall operator is suing its largest tenant for not paying rent during the pandemic in what could be the beginning of a torrent of litigation over rent payments. Simon Property is suing the owner of Banana Republic, Old Navy and The Gap for $66 million in back rent and other charges related …
  • Black businesses hit hard by COVID-19 fight to stay afloat

    Black businesses hit hard by COVID-19 fight to stay afloat

    Detroit — Stephanie Byrd agonized over temporarily laying off nearly the entire staff at her family’s trio of Detroit businesses when the coronavirus pandemic hit. But she’s not just concerned about the impact on their bottom line. She’s worried other black-owned businesses will struggle to withstand another wave of economic uncertainty, following decades of inequity …
  • Gap buying more robots for warehouses — but still needs to hire extra humans

    Gap buying more robots for warehouses — but still needs to hire extra humans

    Apparel chain Gap is speeding up its rollout of warehouse robots for assembling online orders so it can limit human contact during the coronavirus pandemic, the company told Reuters. Gap reached a deal early this year to more than triple the number of item-picking robots it uses to 106 by the fall. Then the pandemic …
  • Gap plans to reopen stores where coronavirus lockdowns have eased

    Gap plans to reopen stores where coronavirus lockdowns have eased

    Cash-strapped Gap Inc. on Wednesday laid out plans to reopen stores in areas where lockdown curbs have eased, while also introducing social-distancing measures. Retailers are trying to restart business activity brought to a standstill due to the COVID-19 lockdowns. Their stores have remained closed for weeks and have resulted in thousands of workers being laid …