Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Gap_spring_11_LIU_73_US.jpg

Gap warns of rising costs after profits drop

Profits at US casualwear giant Gap dropped by 23% in its first quarter as the company warned it expected its performance to be heavily impacted by rising costs.