Gap Sells Its China Business After 12 Years

Name Art / 08/11/2022 / Business News

Sale to e-commerce retailer Baozun for up to $50 million comes as retailers struggle under China’s Covid zero-tolerance policy

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Category Business News Tag acquisitions Acquisitions/Mergers Acquisitions/Mergers/Shareholdings Baozun Business BZUN C&E Industry News Filter China Clothing Stores Content Types corporate Corporate Actions Corporate Financial Difficulty Corporate/Industrial News Divestments E-commerce epidemics Etailing Factiva Filters Gap general news GPS health industrial news Infectious Diseases Medical Conditions mergers Novel Coronaviruses Online Service Providers outbreaks Outbreaks/Epidemics Ownership Changes political Political/General News Respiratory Tract Diseases Retail Retail/Wholesale Sells shareholdings Specialty Retailing SYND Technology wholesale WSJ-PRO-WSJ.com wsjcorp years

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