Gap Joins Abercrombie, Others On the Comeback Trail

Gap Joins Abercrombie, Others On the Comeback TrailgettyLike many others among its retail apparel brethren, The Gap was once (in the 1990s) an international megastar—home of the hoodie. Its fashion brands graced red carpets and magazine covers, capturing the hip tech-centric culture of a generation.Since then, as a business, the company has had a few peaks and valleys, but its allure had faded as its base aged out.So, Wall Street was stunned recently when the company announced its first quarter results. Com ...