Gap sales smash £4bn despite “challenging year”

// Gap sales rise 1% to £4.7 billion
// However, comparable sales were down 1% during the period
// Sales at Banana Republic and Old Navy remained flatGap has seen its fourth quarter net sales top £4 billion thanks to “improvement in Old Navy’s performance”.
The fashion group’s sales rose by one per cent to £4.7 billion in the fourth quarter ended February 1.
However, comparable sales were down one per cent during the period.READ MORE: Gap appoints