Gap to Open First Stores in Italy and Australia!

Our readers in Italy and Australia will be pleased with this news! Gap Inc. has revealed their plans to open the first Gap and Banana Republic stores in Italy this year, according to WWD.

Located in central Milan, the stores will be side-by-side in Corso Vittorio Emanuele, one of the busiest shopping streets in the city. Milan’s Gap store will offer three floors and over 84,000 square feet of apparel, carrying Gap, babyGap, GapKids, GapBody and GapMaternity collections. In 2011, Gap is planning on building stores in Rome and other Italian venues.

The new Banana Republic store in Milan will be over 57,607 square feet, carrying men and women’s wear, accessories and personal care products.

In March, Gap Inc. signed a franchise agreement with Brand Republic Pty Ltd, a subsidiary of Busby Holdings Australia Pty Ltd, for exclusive rights to operate Gap brand stores in Australia. The first Gap store is expected to open in the popular Chadstone Mall in Melbourne, Australia in the fall of 2010.