Business

Gap is divided into two listed companies, with Old Navy as an independent




  Pedestrians pass in front of Gap Inc. and Old Navy Inc. stores in the Times Square area of ​​New York.

Mark Kauzlarich | Bloomberg | Getty Images

Pedestrians pass in front of Gap Inc. and Old Navy Inc. stores in the Times Square area of ​​New York.

Gap Inc. said Thursday that it will split into two independent listed companies – one of the old Navy only, and then a company that has not yet been named, which will include other brands such as Banana Republic and Athleta.



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