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Gap Inc.

July 11, 2013

Many North American clothing brands that refused to sign a union-backed safety agreement following April’s factory disaster in Bangladesh, have now formed their own alliance to improve worker safety in the country.

Many North American clothing brands that refused to sign a union-backed safety agreement following April’s factory disaster in Bangladesh, have now formed their own alliance to improve worker safety in the country.

June 26, 2013

Family business should not be confused with small business in the US

Size matters in the US, which is home to some of the world’s biggest family businesses. The country’s five largest family-controlled firms – Walmart, Ford, Cargill, Koch Industries and Comcast – had combined revenues of $911.9 billion (€694.8 billion) in 2012, more than Indonesia’s GDP.

August 19, 2011

Family-controlled fashion retailer Gap Inc has seen a fall in its second-quarter domestic sales, as it struggles with a drop in customers and higher production costs.

Family-controlled fashion retailer Gap Inc has seen a fall in its second-quarter domestic sales, as it struggles with a drop in customers and higher production costs.

The largest American clothing company by revenues, controlled by the founding Fisher family, announced on 18 August that its US revenues for its flagship brand dropped to $734 million (€512 million) in the second fiscal quarter, from $776 million for the same period last year.

March 23, 2010

The 2010 list of the world’s most ethical companies includes many family-owned or –controlled businesses, confirming the sector’s commitment to corporate social responsibility.

The 2010 list of the world's most ethical companies includes many family-owned or –controlled businesses, confirming the sector's commitment to corporate social responsibility.

The list, compiled by the Ethisphere Institute, includes 100 companies from a wide range of countries and industries.

August 1, 2008

Almost three months after the Fisher family – founders of the GAP retail empire – announced a takeover bid for bankrupted forestry firm Pacific Lumber, the deal has been finalised.

Almost three months after the Fisher family – founders of the GAP retail empire – announced a takeover bid for bankrupted forestry firm Pacific Lumber, the deal has been finalised.

Through the family’s Mendocino Redwood Company, and in partnership with hedge fund Marathon Asset Management, the Fishers beat the likes of Harvard University’s endowment fund, a wealthy Texas banker and PALCO’s parent firm Maxxam Inc.

May 2, 2008

The Fisher family – founders of the GAP retail empire – are bidding to purchase a bankrupted US forestry firm.

The Fisher family – founders of the GAP retail empire – are bidding to purchase a bankrupted US forestry firm. The current bankruptcy trial for The Pacific Lumber Co (PALCO) is pitting the Fishers against Harvard University's endowment fund, a wealthy Texas banker and PALCO's parent firm Maxxam Inc. A final decision is expected next week.

November 1, 2007

The family-owned clothing retailer Gap came under fire when a UK media report accused the firm of using child labour in an unauthorised facility to produce a single garment

The family-owned clothing retailer Gap came under fire when a UK media report accused the firm of using child labour in an unauthorised facility to produce a single garment.

Gap launched its own investigation and noted that a very small portion of a particular order placed with one of its vendors was apparently subcontracted to an unauthorised subcontractor without the company's knowledge or approval. This is in direct violation of the company's agreement with the vendor under its Code of Vendor Conduct.

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