The Gap: Time for an Athleta Spinoff?
February 27, 2015 at 14:58 PM EST
Jefferies’ Randal Konik and team think that Gap (GPS) could decide to spin off its Athleta brand. They explain why: The Wall Street Journal Athleta… Big Enough To Matter. It’s small for Gap Inc. but growing into a formidable competitor to Lululemon (LULU) (20 stores expected to open in CY’15). Athleta is also an attractive [...]
