Gap China operator maps out 50-store rollout and Hong Kong return in 2026

Gap is preparing to add 50 new shops in mainland China in 2026, with openings planned across tier-one to tier-three cities. Vincent Qiu, chairman and chief executive of Baozun, the company that runs Gap’s business in China, told Bloomberg TV that the retailer also intends to return to Hong Kong later in 2026. Qiu said: “In the coming three years, we are ready to accelerate the business and scale it to a bigger size.” The expansion comes after the brand reached breakeven on a quarterly basis for the fir ...