
What Is The Average Hourly Pay For A Gap Fashion Merchandiser?
If you have ever shopped at Gap, you have probably encountered fashion merchandisers. These are the individuals who help guide customers through the store’s racks of clothing and accessories. In order to become a fashion merchandiser, you need to be knowledgeable about fashion and know how to dress for different occasions. However, what is the average hourly pay for a gap fashion merchandiser pay ? If you are wondering this same question, or if you are looking for a job as a fashion merchandiser, read on for answers.
Gap Inc. is an American multinational clothing and accessories retailer, founded in San Francisco in 1969 by Donald Fisher and his wife Dorothea
Gap Inc. (NYSE: GAP) is an American multinational clothing and accessories retailer, founded in San Francisco in 1969 by Donald Fisher and his wife Dorothea. The company operates Gap stores worldwide, as well as Gaponline.com and other digital platforms. On August 29, 2018, the company announced it would be closing 150 stores worldwide due to the poor performance of its namesake brand. Gap declared a quarterly loss of $2 billion on sales of $8.7 billion, attributing the shortfall to changes in shopping habits and increased competition from fast-fashion retailers such as H&M and Uniqlo.
The gap began as a small, San Francisco-based retailer specializing in khakis and blue jeans. It has since expanded to encompass an extensive line of clothing and accessories for men, women, and children, as well as home goods. The Gap brand is also licensed to various vendors, including stores in the United States, Canada, France, Spain, Italy, Sweden, Denmark, Norway, Belgium, the Netherlands, and Japan.
In 1969, San Francisco-based brothers Donald and Dorothea Fisher started a denim store called “J&D’s Khakis” in the city’s Haight-Ashbury district. The business rapidly grew and by 1981 the company had four stores across the city. In 1986 they acquired their first corporate store—a GAP outlet in Dallas—and changed their name to Gap Incorporated.
In 1992 the company opened its first international location in Tokyo. The following year they entered into a joint venture with British retailer Marks & Spencer to open stores in the United Kingdom. Between 1995 and 1997 they acquired seven more stores from the parent company Intermix Corporation. In 1998 Gap Incorporated acquired Land’s End Corporation’s specialty clothing division, Biba.
In 2001 Gap Incorporated announced plans to open 100 stores in the United States over the next three years. The company also announced plans to invest $100 million in new technology, including a new online store, and to create 350 jobs in the United Kingdom. The following year they purchased children’s clothing company Playtex for $2.9 billion.
In 2003 Gap Incorporated acquired Canadian clothing retailer Joe Fresh for $345 million. That year they also opened their first store in China and entered into a joint venture with Taiwan-based Mango Stores to open stores in Asia. In 2005 Gap Incorporated opened its first store in South Korea.
In 2006 Gap Incorporated acquired American clothing company Athleta for $2.4 billion, and followed that up the next year with the acquisition of BCBGMaxAzria for $3.4 billion. At the same time, they opened their first store in Dubai.
In 2007 Gap Incorporated announced plans to open 400 stores across China by 2014, as well as plans to expand into India and Argentina. They also opened their first store outside of North America in Shanghai that year. In 2008 they acquired a Spanish fashion chain, Zara, for €1.05 billion, and later that year opened their first store in Turkey.
On August 29, 2018, Gap Inc. announced it would be closing 150 stores worldwide due to the poor performance of its namesake brand.
Gap declared a quarterly loss of $2 billion on sales of $8.7 billion, attributing the shortfall to changes in shopping habits and increased competition from fast-fashion retailers such as H&M and Uniqlo.
Gap Inc. is a publicly traded company and its stock is listed on the NASDAQ Global Select Market under the symbol “GPS”. As of September 30, 2018, the gap was valued at $32.7 billion
Gap, Inc. is a publicly-traded company and its stock is listed on the NASDAQ Global Select Market under the symbol “GPS”. As of September 30, 2018, the gap was valued at $32.7 billion. The average hourly pay for a Gap fashion merchandiser is $22.63.
In the fiscal year 2018, Gap Inc. reported sales of $26.5 billion and a net income of $2.4 billion. The company employs approximately 105,000 people in more than 80 countries.
Gap, Inc. was founded in 1969 by Donald Fisher and Doris Fisher in San Francisco, California. The company initially operated as a jeans and shirt manufacturing company. In the early 2000s, Gap began to expand into other retail categories, including apparel for women, children, and infants. In 2006, the company acquired Athleta, a clothing company that specialized in sportswear for women and girls. In 2013, Gap Inc. acquired Old Navy for $3.4 billion. In 2018, the company announced its intentions to merge with Amazon.com through a share exchange valued at approximately $50 billion.
Gap Inc.’s revenue in the fiscal year 2018 was $26.9 billion, with
Gap Inc.’s revenue in the fiscal year 2018 was $26.9 billion, with the average hourly pay for a gap fashion merchandiser pay at $13.93 per hour.
In the fiscal year 2018, the average Gap salary was $13.93 per hour.
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