Gap Gets `Back to Blue' as Denim Boosts Profit 25%
Aug. 23 (Bloomberg) -- Bloomberg's Alix Steel reports that Gap Inc. saw denim and athletic products bost second-quarter profit by 25 percent at both the Gap and Old Navy chains. Joseph Weisenthal, Deputy Editor at Business Insider, examines the company's turnaround to profitability. They speak on Bloomberg Television's "Bloomberg Surveillance."
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Deep Dive Into the Weaker-Than-Forecast GDP Numbers
24:35 - The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand. Bloomberg's Michael McKee reports on "Bloomberg ‹GO›." (Source: Bloomberg)