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Gap Inc. Launches Beauty Line Amid Revenue Diversification Efforts

9/4/2025

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Story summary
  • Gap Inc. is entering the beauty segment with Old Navy this fall to diversify revenue amid tariff pressures and weak consumer demand.
  • The initial rollout will feature skincare and makeup products in 150 stores, with Gap-branded stores planned for 2026.
  • Following the announcement, Gap shares increased by 2.4%.