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Sales improve at Gap International

Gap saw like-for-like sales fall back 12% in the third quarter, but its international business, which includes its UK stores, only saw a 1% decline in comparable sales.

Gap's total sales fell back to $3.6 billion (£2.42bn) from $3.9 bn (£2.62bn) over the quarter, but international sales rose 8.9% to $413 million (£277.9m).

Gap said third quarter earnings per share were up 17% to $0.35 (23p).

Gap chairman and chief executive Glenn Murphy said: "We're pleased with our ability to improve our earnings results during the third quarter. While we expect the challenging economic environment to continue, we'll focus on offering our customers an engaging store experience and products at the right value proposition to stand out this holiday season."

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