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The American retail giant is officially making a comeback

After a five-year hiatus that left a denim-shaped hole in our high streets, the American retail giant Gap is officially staging a comeback in Hong Kong.
The news marks a major pivot for a brand that packed its bags and shuttered all eight of its local outposts in 2020. While we are still waiting on the exact details, the relaunch was announced as part of the brand’s massive regional expansion, which involves opening 50 new stores across the region this year, targeting major hubs and hotspots in both Hong Kong and mainland China. Whether they will go for another sprawling multi-storey flagship like the previous Central store or opt for more curated boutiques remains to be seen.
While everyone is busy speculating on what the new-and-improved shopping experience might actually look like, things are expected to be a little different this time around. The brand is now under the wing of Baozun Inc., an e-commerce and brand management powerhouse that took over the Greater China business in late 2022. The strategy has shifted from a one-size-fits-all American approach to a much more nimble, locally tuned operation. Think faster product cycles, sharper pricing, and a renewed focus on the stuff they actually do best – denim, sportswear, and those adorable tiny baby clothes that almost trick you into wanting kids.
This new business model seems to be paying off. Speaking to Bloomberg TV in a recent interview, Vincent Qiu, the chairman and chief executive of Baozun, noted that the brand reached a key operational milestone by breaking even for the first time in the most recent quarter. He suggested that the business is finally finding its rhythm again after several years of restructuring, with sales jumping by more than 20 percent over the last year. With new stores expected to crop up across the city throughout 2026, we are already clearing out our wardrobes to make space for a fresh pair of jeans and a cosy hoodie.
Watch this space to be the first to know when and where those first few shops will land!
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