| Gap Inc. is a leading international clothing retailer | | | | Gap’s competitors for apparel, accessories, and |
| offering attire, accessories and personal care | | | | personal care products are such famous American |
| products for men, women, children and babies. They | | | | brands as Abercrombie & Fitch, American Eagle |
| produce under brands such as Gap, Banana Republic | | | | Outfitters, DKNY, Polo Ralph Lauren, and Tommy |
| and Old Navy. Also Gap brand includes Gap, GapKids, | | | | Hilfiger. Those companies are manufacturing similar |
| babyGap, GapBody and Gap Outlet. They have their | | | | products, although they are targeting a slightly |
| headquarters in the San Francisco Bay Area, the | | | | different customer market. Gap however has to |
| product development offices are located in New | | | | take a lot of effort to stay aloof among them with |
| York City, while distribution operations and offices | | | | pricing policies, quality and design in order to retain |
| dealing with sourcing activities can be found around | | | | their customers and try to gain new ones. The |
| the globe. | | | | external threat from the new entries is a minor one |
| Gap Inc. has created a "Code of business conduct" in | | | | because of number of reasons. The clothing |
| which essential issues of conducting a business, | | | | accessories market is quite difficult to enter, and it |
| employees’ behaviors and corporate culture are | | | | takes time to establish a brand name and gain |
| outlined. It contains the letter to employees which | | | | customer loyalty and trust, so in this instance Gap is |
| states the main principles that operate in Gap Inc. | | | | almost safe at least for some time. |
| The company was originally founded and to this day | | | | Gap Inc. has stores around the globe and naturally |
| is maintaining the principle of conducting business in a | | | | employs people from many foreign countries. While |
| responsible, honest and ethical manner. Currently Gap | | | | manufacturing and distributing its products, Gap Inc.'s |
| Inc. remains committed to setting and meeting the | | | | Sourcing and Logistics group, along with their buying |
| highest standards of business conduct, because for | | | | agents, draw up production schedules and place |
| them nothing less will do. They also make such | | | | orders with approved third-party factories. This |
| commitments to their shareholders, neighbors, | | | | process takes place in more than 50 countries where |
| customers and one another not only because it is a | | | | Gap products are made. Clearly Gap involves many |
| legal duty, but because it's the proper thing to do. | | | | intermediaries in making its product, designating much |
| The company claims that their reputation depends on | | | | power and responsibilities to the factories and |
| the integrity and excellence in everything they do. | | | | suppliers. It purchases from more than 1,000 vendors |
| Clearly such statements shape company’s overall | | | | in 3,600 factories in more than 50 countries and |
| vision of how they operate and what they expect | | | | approximately 13 percent of its products is sourced |
| from their employees. This code was designed to | | | | from China alone. The company also has a |
| promote an ethical work environment, with all the | | | | comprehensive and publicly available Code of Vendor |
| necessary issues descried in it such as reporting the | | | | Conduct and has instituted excellent internal |
| violations, responsibilities, laws that apply to different | | | | monitoring programs with vendor compliance officers. |
| countries in which the company operates. | | | | Gap company was the first U.S. apparel manufacturer |
| Gap Inc. was founded in 1969 by Donald and Doris | | | | that developed an independent monitoring program |
| Fisher in San Francisco, California. When they started | | | | by agreeing to let representatives of local |
| there was only one store and a couple of employees. | | | | nongovernmental groups monitor its supplier factories |
| Today, they are one of the world's largest specialty | | | | in El Salvador. Gap also supports human rights |
| retailers, with fiscal 2004 revenues of $16.3 billion. | | | | initiatives through its supplier education programs and |
| They are producing and selling clothes to men, | | | | a number of other projects and is a participant in the |
| women, kids and babies all over the world. Such | | | | UN Global Compact. Social responsibility for Gap Inc. is |
| brands as Gap and Banana Republic are aimed at | | | | a big concern and it engages in many practices to |
| customers with higher incomes who are willing to buy | | | | help solve environmental problems. It has number of |
| high quality clothes, although it is not priced too high. | | | | helpful environmental projects, including a unique, |
| Old Navy brand was created to fit the niche of | | | | environmentally efficient designed building at its |
| customers such as families willing to have good | | | | headquarters. Their programs incorporate recycling |
| looking and quality attire, but pay less for it. Many | | | | initiatives for stores, use of wood from |
| people shopping at Gap are customers in Old Navy as | | | | certified-sustainable forests for the flooring at its |
| well, because the company’s signature in making | | | | stores, as well as energy efficiency in lighting. |
| clothes can be easily traced. In recent years the | | | | Company’s considerations with environmental |
| company has began production of colognes and | | | | issues are also addressed in store design and |
| other toiletries which are suitable for different | | | | construction; Gap Inc. also does not conduct or |
| seasonal collections and can be matched with certain | | | | endorse animal testing on its products. |
| clothes. Thus Gap stores, offer a full range of | | | | Company’s internal policies are accordingly well |
| products from underwear and perfumes to sports | | | | designed and suited to meet their employees’ |
| apparel and winter clothes. | | | | expectations. It offers paid volunteer time for |
| As already was mentioned the Gap Inc. customers | | | | headquarters employees, and ensures full medical and |
| are successful people who are looking for high quality | | | | dental benefits for domestic partners, as well as a |
| and reasonable prices. With Old Navy brand it is more | | | | various family-oriented benefits. Throughout the |
| of a younger audience with less income to spend, | | | | company women hold a considerable number of |
| Gap itself aims at middle class buyers wanting a | | | | management positions, including the two women who |
| stylish look and excellent customer service treatment. | | | | are among the company’s top eight executives; |
| Banana Republic brand is the most expensive and the | | | | there are also four women on the 15-member board |
| most chic one out of all presented by Gap Inc. | | | | of directors. Among programs supported by Gap are |
| People shopping at Banana Republic are looking for | | | | those focusing on helping unappreciated youth, with |
| latest styles, comfort and still reasonable prices for | | | | an emphasis on academic achievement. Health and |
| the quality they receive. Generally company’s | | | | human services, including HIV/AIDS prevention and |
| customers are young and middle aged people eager | | | | education, community services and the arts are areas |
| to try something new every season, enthusiastic | | | | of company’s interest and sponsorship. |
| about color and inspirational design. | | | | |