Forth & Towne Announces Plans To Open In San Diego And Santa Barbara
Forth & Towne Coming to Otay Ranch Town Center and Paseo Nuevo
SAN FRANCISCO – August 23, 2006 – Gap Inc. (NYSE: GPS) announced today that Forth & Towne, the company’s latest apparel concept for women, plans to open at Otay Ranch Town Center in Chula Vista and at Paseo Nuevo in Santa Barbara. The two stores are expected to open in November, in time for the holiday shopping season.
“San Diego and Santa Barbara are perfect locations for Forth & Towne, as women in these markets have an incredible sense of style and appreciation of fashion. We selected these centers because they are conveniently located in areas where our customers live, work and shop,” says Gary Muto, President, Forth & Towne.
Otay Ranch Town Center, set to open in late October, is located just southeast of San Diego in Chula Vista. Designed to serve customers in South San Diego County, the center will feature more than 150 retail shops and services in an open-air environment.
Located in the commercial and retail heart of downtown Santa Barbara, Paseo Nuevo offers a distinct collection of local and national retailers in an outdoor setting. The center features more than 60 boutiques, two department stores and a variety of restaurants.
Forth & Towne announced plans earlier this year to open twelve stores in five new markets this fall: Atlanta, Houston, Los Angeles, San Francisco/San Jose, and Seattle. With the addition of San Diego and Santa Barbara, Forth & Towne now plans to open fourteen stores in seven markets. By the end the year, Forth & Towne will have nineteen stores.
Forth & Towne was created to serve a new generation of grown-up women seeking chic, wearable fashions that fit and flatter. Four distinct collections – Allegory, Vocabulary, Prize and Gap Edition – are designed for a range of lifestyles and occasions, and are available in sizes 2-20. An inspiring, service-oriented shopping experience awaits customers at Forth & Towne. Taking a fresh approach to store design, each store features a fitting salon created to deliver a warm, inviting fitting room experience for the customer. Each fitting room is oversized and features three-way mirrors, extra seating and adjustable lighting. In addition, Forth & Towne Style Consultants are available to help customers create easy, complete looks for all occasions.
About Forth & Towne
Forth & Towne, which debuted last August, is Gap Inc.’s latest apparel concept for women. A destination for chic, grown-up style, Forth & Towne offers women fashionable apparel and accessories for every occasion and a unique shopping experience. There are currently five Forth & Towne locations: Palisades Center Mall, West Nyack, NY; Algonquin Commons, Algonquin, IL; Westfield Fox Valley, Aurora, IL; Westfield Old Orchard, Skokie, IL; and Woodfield Mall, Schaumburg, IL.
About Gap Inc.
Gap Inc. is a leading international specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy and Forth & Towne brand names. Fiscal 2005 sales were $16.0 billion. Gap Inc. operates about 3,000 stores in the United States, the United Kingdom, Canada, France and Japan. For more information, please visit gapinc.com.
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