Fashion Brand GAP Closes Many Stores in Communist China

On October 4th, local time, according to an informed source, clearance sale of fashion Brand GAP was frequently appeared on social media. The stores offering close sale are located at Beijing, Shanghai, Hangzhou, Chengdu, Dalian, Shenyang, Shenzhen and other parts of communist China.

Since this year, GAP has closed many stores in first-tier and new first tier cities in communist China. In response to news of its stores shutting down, GAP China responds that they are adjusting the business strategy and mode. Since the CCP virus ( COVID19) pandemic, it was reported, respectively in March 2020 and March 2021, that GAP wants to withdraw from communist China’s market.

The fashion brands that have pulled out of communist China’s market since the CCP virus pandemic include British fashion brand Superdry, Dutch C&A, and French Womenswear brand CacheCache, Etam. In 2022, the official flagship store of H&M’s MONKI TMALL was officially closed on March 31st. On July 3st, ZARA’s three sister brands—Bershka, Pull&Bear and Stradivarius also closed their flagship stores in Tmall at the same time. Communist China’s domestic fashion brands, such as Metersbonwe, La Chapelle, also had poor management.