Gap Inc. To Open Stores In Mexico, Egypt And Jordan

Washington Business Journal:

Gap Inc. is gaining international ground with new franchise agreements to open stores in Mexico, Egypt and Jordan.

The new agreement brings to 21 the number of countries with approved Gap franchisees. The first franchisee was signed in January 2006, and over 100 franchised Gaps and Banana Republic stores are now open in 13 countries.

In Mexico, Gap will open stores within stores at a Mexican department store chain through a partnership with Distribuidora Liverpool. Gap products will become available in spring 2009. The company has an office in Albuquerque responsible for some of its financial and back-office services. There are also Gap and Gap Kids stores in the city’s two largest shopping malls, Coronado Center and Cottonwood Mall.

Gap Inc. will also expand its Middle East presence with franchised Gap and Banana Republic stores in Egypt and Jordan.