Gap Inc. And Gap Foundation Increase Support For Relief Efforts Following Recent Natural Disasters
October 03, 2017 // Franchising.com // San Francisco - In response to the devastation caused recently by Hurricanes Harvey, Irma, and Maria, and earthquakes in Mexico, Gap Inc. (NYSE: GPS) and Gap Foundation have increased their total donation to $2 million to address immediate needs and ongoing recovery efforts. The donation includes cash grants from Gap Foundation to on-the-ground relief organizations, donations from Gap Inc. brands towards critical clothing needs, and employee-matched donations.
So far, nearly 100,000 units of clothing have already been delivered to Texas and Florida, with additional clothing donations planned in the coming months. So far, a total of $180,000 has been donated by Gap Inc. employees, which includes company-matched funds.
About Gap Inc.
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.