It can be said that the United States has undergone a redressing. The
focus over the last twenty to thirty years has gone from technologically
advanced artificial fabrics such as acrylic and polyester to a resurgence
of natural fibers such as cotton and wool.
At the height of the dot-com boom, the San Francisco-based chain [Gap
Inc.] seemed poised to bury office formalwear in a sandstorm of khaki
pants, stretch shirts and black turtlenecks, which it helped make de
rigueur in executive suites across the country. Perhaps more than any
other clothier, Banana Republic set the definition for "office
The cyclical changes in professional wear have gone back and forth from
business dress to casual dress for decades and the retail market has
answered its call. The changes can largely be associated with retail
trendsetters such as Gap Inc. and two of the most recognizable brands, are
Banana Republic and Old Navy, both owned and managed by Gap Inc.
Though these two brands are competitors for the casual to semi-casual
market they are marketed and run very differently. Examining the marketing
plans of both subsidiary companies can help explain the dynamic hold that
Gap Inc. has upon the market and the household recognition that these more
casual retailers provide in our society today. This work will first give
an overview of the two brands followed by a point by point analysis of the
marketing concepts of globalization, relationship to other brands in the
parent company, segmentation, environmental issues, purchase decision
structure, channels of distribution, promotion and advertising, pricing,
Interestingly enough when Banana Republic and Old Navy are compared
on the issue of globalization it is clear that in at least in a retail
distribution sense they are very similar. Both brands have retail outlets
in only the US and Canada. The fiscal ...