Iconic all-American clothing retailer sees huge increase in profits after reinventing its preppy classics

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Iconic all-American clothing retailer sees huge increase in profits after reinventing its preppy classics

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Once at the brink of shutting down stores nationwide, this all-American clothing retailer has managed to turn back time and record a huge increase in profits by simply reinventing its classics. GAP, one of the largest casual apparel companies in the country, has made a huge comeback after its fiscal second quarter results showed their profits had more than doubled from last year. Earlier today, the company accidently posted its quarterly earnings and profits on its website well before the stock market closed but quickly rescinded it.
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