Gap to unveil first South African store


Gap is to unveil its first South African store later today.

Another store is to open in Cape Town this month, followed by another in Pretoria later this year.

The expansion in Africa comes as the American apparel retailer opens outlets in other emerging markets on top of closing some of its North American stores in the face of rising costs in its native country. Gap has struggled in the US and Canada, where sales fell 5 per cent for the year ended January.

Sales were up 11 per cent elsewhere.

The company recently opened its first store in Panama and has plans to expand into Colombia, Uruguay and Peru over the next two years.

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