Seeking Alpha
  • Thomas Pan
    Gap plans to shut a 5th of its namesake stores in the U.S. by the end of 2013 while opening 45 Gap stores in China by the end of 2012. GPS
    10/23/11
    Reply (2)
    • JCH57: Go where the profits are. Nothing wrong with that. Maybe we can start selling cheap American-made products to the wealthy Chinese.
      10/23/11
    • Thomas Pan: Chinese are not that wealthy. Though, they DO like to buy luxury goods. It would take long time for that to happen.
      10/23/11