Gap is taking a look at its pricing strategy for the Indian market to boost sales
What ails American fashion giant Gap in India? Just four months short of its second anniversary in the country, the brand is still stuck at the sidelines even as rivals race past with better sales numbers and a larger brand footprint. According to some mall developers that had hoped Gap would raise footfalls and sales, the numbers are way short of expectations, almost half that of that of European rival Hennes & Mauritz (H&M) that entered the market later.
The criticisms fly fast from all stakeholders. The American brand, say fashion experts and mall owners, has failed to leverage its global positioning and is lagging behind fast fashion brands Zara, Forever 21 and H&M. It has failed to connect
First Published: Mar 08 2017 | 9:09 PM IST