{"id":15828,"date":"2018-09-21T05:24:40","date_gmt":"2018-09-21T05:24:40","guid":{"rendered":"http:\/\/qatar-news.org\/qatarnewsEn\/?p=15828"},"modified":"2018-09-21T05:24:40","modified_gmt":"2018-09-21T05:24:40","slug":"gap-challenges-lululemon-with-a-mens-athleisure-line","status":"publish","type":"post","link":"https:\/\/qatar-news.org\/qatarnewsEn\/?p=15828","title":{"rendered":"Gap challenges Lululemon with a men&#8217;s athleisure line"},"content":{"rendered":"<div id=\"storytext\" readability=\"63.2553337922\">\n<div id=\"js-ie-storytop\" class=\"ie--storytop\">\n<div class=\"cnnplayer\" id=\"cnnplayer0\">\n<div class=\"cnnVidplayer\">\n<div class=\"summaryImg\" id=\"vid0\" href=\"http:\/\/rss.cnn.com\/video\/news\/2017\/09\/08\/gap-5-stunning-stats.cnnmoney\">\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2.cdn.turner.com\/money\/dam\/assets\/170908142054-gap-stunning-stats-1024x576.jpg\" width=\"780\" height=\"439\" alt=\"5 stunning stats about Gap\" border=\"0\">\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"speakable\">Gap is stretching into athleisure for men.<\/h2>\n<p class=\"speakable\"> Hill City, a line of men&#8217;s athletic wear to go along with the company&#8217;s Athleta brand for women, will go on sale in October. <\/p>\n<p class=\"speakable\"> The line consists of lightweight stretch pants, puffer jackets and premium shorts meant to be worn from &#8220;working out to work to weekend.&#8221; <\/p>\n<p> Hill City will be more expensive than the men&#8217;s workout gear <a href=\"https:\/\/www.gap.com\/products\/gym-clothes-for-men.jsp\" target=\"_blank\">already sold in Gap stores.<\/a> For example, a pair of pants will cost $128 and an oxford shirt will sell for $88. Hill City will be sold on <a href=\"https:\/\/hillcitylaunch.com\/hillcity.html\" target=\"_blank\">a new website<\/a> and in 50 select Athleta stores. <\/p>\n<p> Athleisure sales have taken off in recent years, although growth is slowing. Total sales came to $48 billion in 2017, a 2% increase from the year before, according to the research firm NPD Group. <\/p>\n<p> <span>Lululemon&#8217;s<\/span> <span>(<span class=\"inlink_chart\"><a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=LULU&#038;source=story_quote_link\" class=\"inlink\">LULU<\/a><\/span>)<\/span> stock in particular has been on a tear, almost doubling since the start of the year. Sales growth is strong, partly because of the <a href=\"https:\/\/money.cnn.com\/2018\/04\/25\/investing\/lululemon-stock\/index.html\">success of its men&#8217;s athleisure clothes.<\/a> <\/p>\n<p> At <span>Gap<\/span> <span>(<span class=\"inlink_chart\"><a href=\"https:\/\/money.cnn.com\/quote\/quote.html?symb=GPS&#038;source=story_quote_link\" class=\"inlink\">GPS<\/a><\/span>)<\/span>, CEO Art Peck said activewear is a &#8220;key growth area&#8221; for the company, whose stock is down 20% this year. <\/p>\n<figure class=\"body_img body_img--780\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i2.cdn.turner.com\/money\/dam\/assets\/180920103535-gap-hill-city-in-story-780x439.jpg\" width=\"780\" height=\"439\" alt=\"gap hill city in story\" border=\"0\"><figcaption class=\"caption\">A sample of Hill City&#8217;s clothes.<\/figcaption><\/figure>\n<p> The company is grappling with declining sales at Gap and Banana Republic locations, and has closed <a href=\"https:\/\/money.cnn.com\/2017\/09\/06\/news\/companies\/gap-banana-republic-stores-closing\/index.html?iid=EL\">200 underperforming stores<\/a> since last year. <\/p>\n<p> But it&#8217;s found a bright spot with Athleta and the discount chain Old Navy. The Gap said those brands are driving its plans to <a href=\"https:\/\/money.cnn.com\/2018\/08\/24\/news\/companies\/gap-stores\/index.html\">open 270 additional stores.<\/a> <\/p>\n<p> <span class=\"cnnStorySource\"> CNNMoney (New York) <\/span> <span class=\"cnnDateStamp\">First published September 20, 2018: 12:31 PM ET<\/span> <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gap is stretching into athleisure for men. Hill City, a line of men&#8217;s athletic wear to go along with the company&#8217;s Athleta brand for women, will go on sale in October. The line consists of lightweight stretch pants, puffer jackets and premium shorts meant to be worn from &#8220;working out to work to weekend.&#8221; Hill&hellip;<\/p>\n","protected":false},"author":10,"featured_media":15829,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world_news"],"_links":{"self":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/15828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15828"}],"version-history":[{"count":0,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/posts\/15828\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=\/wp\/v2\/media\/15829"}],"wp:attachment":[{"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/qatar-news.org\/qatarnewsEn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}