Gap

also referred to as: the gap

0 statements across 0 episodes · 0 bullish · 2 bearish · 4 people on the record · first statement Aug 22, 2016 by Greg Bettinelli · said 2 times in 2 episodes since 2017 · across every show →

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brought up most by Wayne Chang (1), Dave Powers (1)

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Everything said about Gap, oldest first

Aug 22, 2016
Assertion Supported
70% of online returns for major US retailers occur in physical stores
“You'd probably be surprised to know that most of the top retailers in the US, a la a Macy's and Nordstrom, the gap, et cetera, almost 70% of the product that's bought online and returned from the stores is actually returned into the stores.”
Greg Bettinelli Aug 22, 2016 ▶ 23:39 20VC: Upfront Ventures' Greg Bettinelli on Testing For Founder 'Grit' & What It Takes To Build A Successful Consumer Brand Today
May 6, 2019 neutral
Prediction Not checkable as stated
Legacy retail giants will be replaced by hundreds of niche brands
“I think we're not going to have the gaps and the banana republics and the major brands of the era previously replaced by five to 10 new brands, but instead they'll be replaced by hundreds of brands.”
Brendan Wallace May 6, 2019 ▶ 20:50 20VC: Why Consumer Brands Must Embrace Physical Retail To Avoid Inflated Online CACs, How To Alter Fund Strategy When Investing In Consumer Retail & Why The Era of The 1,000 Store Brand Is Over with Brendan Wallace, Founder and Managing Partner @ Fifth Wa
Nov 6, 2023
Insight
Joey Zwillinger: Direct-to-consumer is a distribution channel, not a brand identity
“DTC is a way to do business. There's been great retailers who started this in our industry. If you broaden it beyond footwear into apparel, like the gap in the nineties and Lululemon has done a really wonderful job of being a great DTC company. But they're a p…”
Joey Zwillinger Nov 6, 2023 ▶ 17:56 Joey Zwillinger: From $4.1BN to $142M Market Cap;Why Public Markets Have Written Allbirds Off |E1078 · 20VC with Harry Stebbings
Dec 22, 2023 negative
Insight
Dave Powers: Abercrombie and Gap lost equity when over-distribution made them ubiquitous
“And so I think when you start looking at Abercrombie and American Eagle and, you know, even gap at that time, It was the hot new thing until it wasn't. When it wasn't, it's because it was showing up on everybody all over the place. It became ubiquitous. There …”
Dave Powers Dec 22, 2023 ▶ 43:26 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023 negative
Opinion
Powers: Gap's business has severely degraded over the past 20 years
“I actually think the gap. I would love to go back to the gap because it's just, it's such a shame to see how bad that business has become over the last 20 years.”
Dave Powers Dec 22, 2023 ▶ 1:05:34 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
Dec 22, 2023
Insight
Powers: Frequent promotions can obscure an unfulfilling work environment
“I mean, I've been that consumer. I mean, I've been that employee in the past where I, you know, my early days at Gap, I was getting promoted quite often. That was the culture we were growing. For me, it fogged the fact that I hated the work environment. And I …”
Dave Powers Dec 22, 2023 ▶ 59:34 Dave Powers: The Meteoric Rise of Hoka Running | E1098 · 20VC with Harry Stebbings
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