SAN FRANCISCO - September 03, 2017 - (BUSINESS WIRE) - In response to the devastation caused by Hurricane Harvey, together, Gap Inc. (NYSE:GPS) and Gap Foundation have committed $1 million to address immediate needs and ongoing recovery efforts. The donation includes a cash grant from Gap Foundation, donations from Gap Inc. brands towards critical clothing needs identified by on-the-ground relief organizations, and employee-matched donations.
The company is committed to helping communities rebuild both in the near-term and providing support that addresses longer term recovery efforts. A first shipment of donated product – including essential items such as socks, underwear and tee-shirts for adults and children -- was sent from the company’s distribution center in Gallatin, Tennessee on Friday, September 1. So far, Gap Inc. employees have raised $50,000 in employee-matched funds for relief efforts.
Over 2,600 Gap Inc. employees in the Houston area work in Old Navy, Gap, Banana Republic, Athleta and Intermix stores impacted by the storm, and the company is working with affected employees to provide direct support. Several stores in the Houston area remain closed due to conditions in the surrounding area.
As relief efforts continue, Gap Inc. is prepared to engage in the long-term recovery efforts, including identifying further in-kind donations and other forms of support.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, and children under the Gap, Banana Republic, Old Navy, Athleta, Intermix, and Weddington Way brands. Fiscal year 2016 net sales were $15.5 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,200 company-operated stores, about 450 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.
SOURCE Gap Inc.