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120aprojectsum08

120aprojectsum08 - MANAGEMENT 120A SUMMER 2008 INTERMEDIATE...

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MANAGEMENT 120A: SUMMER 2008 INTERMEDIATE FINANCIAL ACCOUNTING CASE: GAP VERSUS ABERCROMBIE & FITCH CO.: Which would you include in your stock wardrobe? Headquartered in the heart of San Francisco, California, Gap, Inc. (S&P500:GPS) was founded in 1969 and operates 3,167 stores world wide as of February 2, 2008. Limited to retail and online stores, Gap, Inc. focuses on a wide range of casual apparel, accessories, and personal care products for men, women and children. Gap, Inc. operates through its subsidiaries of Gap, Old Navy, Banana Republic, and Piperlime names who offer their products through retail stores as well as through gap.com, bananarepublic.com, oldnavy.com and piperlime.com Websites, respectively. Gap, Inc continues to grow with a strong set of standards in mind, “Every day, we look for new ways to connect with customers around the world, provide value to our shareholders and make a positive contribution in the communities where we do business.” Founded in 1892 and headquartered in New Albany, Ohio, Abercrombie & Fitch Co. (S&P500: ANF), through its subsidiaries, is a specialty retailer of casual apparel, sportswear apparel, personal care products and accessories for men, women and children. Its subsidiaries include Abercrombie & Fitch, abercrombie, Hollister and RUEHL brands. Operating 1,035
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