Gap, Banana Republic to Open in Israel

At a time of great difficulty in the world economy, Gap, Inc. has placed faith in Israel.

Today, the company announced its plans to open Gap and Banana Republic stores to that country.

The first Gap store in Israel will open this fall, while the first Banana Republic is expected to open in spring 2010.

Already, Gap franchise stores are open in Bahrain, Greece, Indonesia, Korea, Kuwait, Oman, Qatar, Malaysia, Russia, Saudi Arabia, Philippines, Singapore, Turkey and the United Arab Emirates.

Banana Republic franchise stores have opened in Bahrain, Indonesia, South Korea, Kuwait, Oman, Qatar, Malaysia, Singapore, Philippines, Turkey and the United Arab Emirates.

Pretty impressive in such difficult times, Gap.

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