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Banana Republic (GPS) Heading to India in 2017

Gap’s Banana Republic (NYSE:GPS) is joining one of the fastest growing markets in the world.

Banana RepublicThe retailer is trying its luck in India as the Asian country’s market expands and the nation continues its bid to become a truly globalized country.

Arvind Retail will partner up with Banana Republic to bring the brand to India. The two are currently scouting for locations that could become possible stores within the next 10 months.

Banana Republic is one of several brands owned by Gap, along with Old Navy and Gap Inc.

GPS stock is up 1.1% Wednesday.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/04/banana-republic-gps-india/.

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