February 28, 2019 / 9:23 PM / 22 days ago

Gap to spin off Old Navy brand

Feb 28 (Reuters) - Gap Inc said on Thursday it plans to spin off its Old Navy apparel business into a publicly traded company.

The company's other apparel brands, including Gap, Athleta, Banana Republic, will be part of a yet-to-be-named company. (Reporting by Uday Sampath in Bengaluru)

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