Gap Inc says it is shutting 230 of its stores.
The fashion firm also said splitting off its Old Navy brand, which will be a standalone company.
They say it's part of restructuring efforts aimed at "revitalising" the company.
According to latest figures, sales at Gap are continuing to fall while Old Navy's revenues are on the rise.
AccessAbilities Expo showcases latest assistive technologies
Nearly 250 exhibitors, brands and rehabilitation centres from around 50 countries are showcasing the latest assistive technologies and accessibility solutions at the 8th AccessAbilities Expo in Dubai.
Dubai Investments to list DIP Holding shares on Dubai Financial Market
DIP Holding, the owner of Dubai Investments Park, plans to list on the Dubai Financial Market (DFM) through an initial public offering (IPO).
UAE delegation explores energy and transport partnerships in China
A UAE delegation has wrapped up a five-day visit to China, where it looked at partnerships in clean energy, battery storage and electric transport.
Dubai, China sign MoU to develop gold and jewellery trade
The Dubai Jewellery Group (DJG) has signed a Memorandum of Understanding (MoU) with the Gold Association of Guangdong Province in China.
6:00am - 10:00am
Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.
Faded
Alan Walker
Ain't In La <<
Adéla
Love Me Not
Ravyn Lenae