Old Navy will withdraw from the Chinese market. It has just opened a store for two months
According to Reuters, gap, an American fast fashion brand, said it plans to separate its better performing sub brand old navy, withdraw from the Chinese market in early 2020 and focus on the North American market to improve sales. In 2014, OLDNAVY officially entered China. On September 6, the brand just opened its first new store in Chongqing.