Gap Plans to Open 50 China Stores, Return to Hong Kong in 2026

Gap Inc. plans to open 50 new stores in mainland China in 2026 after breaking even for the first time last quarter, as the clothing retailer’s local operator looks to boost growth over the next three years.

New stores will open across tier-one to tier-three cities in the world’s second-largest economy. The company also plans to reopen stores in Hong Kong later this year, Vincent Qiu, chairman and chief executive officer of Baozun Inc., which operates the American brand in China, said in a Thursday interview with Bloomberg TV.