Gap Inc. to Bring First Gap Store to South America

SAN FRANCISCO–(BUSINESS WIRE)–Continuing its global expansion, Gap Inc. (NYSE:GPS) today announced a franchise agreement to introduce Gap brand in South America. The first Gap store is expected to open in Santiago, Chile in the Parque Arauco mall in September 2011. With today’s announcement, Gap Inc. now has franchise agreements in place for a total of 25 countries on six continents. Gap Inc. has signed a franchise agreement with Komax, for exclusive rights to operate Gap brand stores in Chile

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