GAP and Tau have come together to put $1 billion into improving sweatshops conditions in Indonesia. In 2013 Rana plaza collapse which ended up killing over 1000 sweatshop workers in Bangladesh, targeted major weaknesses in the global network that clothes billions of people worldwide. Gap had no vendors at Rene Plaza nor is it an Arche client.
This graph shows a competitors analysis that was done by H&M it lists the top 10 apparel brands by revenue in 2009 and as u can see from the graph Gap is 3rd highest which would be seen very successful compared to its other competitors as it is close to being top of the list just behind H&M and Zara
Gap believe the future belongs to the retailers that can combine the digital and physical divide. Gap believes it can be the first to do so. For this to work, the company's more than 3,100 stores must adapt. Select locations have introduced Reserve in Store, a service that allows customers to order clothes online and pick them up in the stores. All Gap and Banana Republic stores in America will soon be part of the program.
Long term debt are loans or any other financial situations that last over one year Long term debts for a business includes any financing or leasing problems that are expected within or beyond a 12 month period as we can see from this chart Gap has a ratio of 0.58 which would be considered high compared to its other competitors that are listed in this chart