Global net sales of The Gap, Inc. from 2007 to 2020

In 2020, the apparel retailer Gap, Inc. had net sales amounting to about 13.8 billion U.S. dollars. This represented a decrease of more than two and a half billion U.S. dollars when compared to the previous year.

The Gap, Inc.

The Gap, Inc. is an American clothing and accessories retailer based in San Francisco, California and was founded in 1969 by Donald and Doris Fisher. The Gap is a major international clothing retailer and brand. The Gap, Inc. also owns and operates the Old Navy, Banana Republic, Athleta, and Intermix brands. In 2018, The Gap, Inc. operated a total of 3,666 stores. The majority of the company’s stores are in North America, with 758 Gap stores throughout the region as of 2018.

Leading Apparel Companies in the United States

In terms of sales, the leading apparel company in the United States is VF Corporation, which owns brands such as The North Face, Timberland, and Vans. However, when it comes to consumer favorites, Nike is the most popular apparel brand in the United States, with 52 percent of U.S. consumers preferring Nike to other brands. Other popular brands among U.S. consumers include Levi’s and Adidas.