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Gap Expands in Asia

SAN FRANCISCO-The company could open as many as 30 stores in Malaysia and Singapore.

By Ian Ritter | Updated on July 31, 2006

SAN FRANCISCO-Gap Inc. is opening three stores in Singapore and four in Malaysia some time between October and December. The retail plans to open a total of 30 stores in the Asian countries under the Gap and Banana Republic banners.

These units will be the first franchised stores in the Gap portfolio. Singapore-based FJ Benjamin Holdings will operate the stores. The firm also operates stores under the names of Guess?, La Senza and others throughout the region.

FJ Benjamin is opening the first Gap flagship store in Southeast Asia in November. The 9,000-sf unit will be located in the Wisma Atria, in the Orchard Road shopping area in Singapore. Also in November the firm will open a Gap unit at Vivo City, a new retail development on Singapore’s harbor. The first store in Malaysia is expected to open in October it the central area of Kuala Lumpur at the Lot 10 Shopping Centre.

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