Fashion group Gap has reported full-year revenues of $15.4 billion for 2025, an increase of 2% year on year.

Its Old Navy chain brought in revenues of $8.7 billion, up by 3%. The Gap chain achieved revenues of $3.5 billion, an increase of 5%. 

There were falls at the other two chains that make up the Gap group. At Banana Republic, full-year revenues reached $1.9 billion, down by 1%, while Athleta had revenues of $1.2 billion, a decline of 10% year on year.

Chief executive, Richard Dickson, said the group would focus on growing its core apparel business. He said the group wanted to become “a high-performing house of iconic American brands”.

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