
Old Navy is owned by Gap Inc., a publicly traded American specialty apparel retailer listed on the NYSE under ticker GAP. Launched by Gap in 1994, Old Navy operates as a brand division headquartered in San Francisco, California. It is the parent's largest brand, generating $8.66 billion in net sales for fiscal 2025, about 56 percent of total company revenue.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Old Navy | Gap Inc. | Brand division |
Gap Inc. created Old Navy in 1994 under then-CEO Mickey Drexler, who wanted a lower-priced counterpart to the Gap banner modeled on the value assortment of Target's clothing business. The first store opened in Colma, California, in March 1994, taking its name from a Paris bar called Old Navy that Drexler had seen on a trip.
The concept scaled unusually fast. Old Navy reached $1 billion in annual sales within roughly three years, one of the fastest climbs to that mark in American retail history. Through the late 1990s and 2000s it became the company's growth engine, blanketing suburban shopping centers with large-format stores known for playful, low-price basics and heavy promotional marketing.
The brand hit turbulence in the early 2010s as fast-fashion competitors like H&M and later Shein pressured the value segment. Leadership cycled through several presidents, including Stefan Larsson, who delivered a brief revival before departing for Ralph Lauren in 2015. A planned 2020 spin-off of Old Navy into a standalone public company was announced and then abandoned within a year as performance softened.
Under Gap Inc. CEO Richard Dickson and brand chief Haio Barbeito, Old Navy re-focused on fit, fabric quality, and family categories like activewear and denim. Fiscal 2025, ended January 31, 2026, produced $8.66 billion in net sales, up 3 percent year over year, with comparable sales also up 3 percent. The brand operates roughly 1,200 stores across the United States and Canada.
What does Gap Inc. own?
The company owns four brands: Old Navy, Gap, Banana Republic, and Athleta, plus the stores and e-commerce operations behind them.
Is Gap Inc. publicly traded?
Yes. It trades on the NYSE under ticker GAP and is an S&P 500 component.
Who founded Gap?
Donald and Doris Fisher opened the first Gap store in San Francisco in 1969.
Where is Gap Inc. headquartered?
The company is headquartered in San Francisco, California.
What is Gap Inc.'s biggest brand?
Old Navy is the largest, producing more than half of company revenue.
Who owns Gap Inc.?
Public shareholders own it through the NYSE listing, with the Fisher family retaining the largest insider bloc.
Does Gap own Banana Republic?
Yes. Gap Inc. owns Old Navy, Gap, Banana Republic, and Athleta.
Old Navy falls under Gap Inc.'s corporate sustainability commitments rather than holding standalone certifications. The parent has committed to sourcing 100 percent of its cotton from more sustainable sources and reports progress through its annual ESG disclosures, though certification bodies such as GOTS cover only a portion of the assortment.
The brand participates in Gap Inc.'s Washwell denim program, which the company says reduces water use in garment finishing. Gap Inc. is a member of the Better Cotton Initiative and publishes tier-one factory lists annually.
No independent cruelty-free or B Corp certifications apply to Old Navy. Labor advocates including the Clean Clothes Campaign have periodically criticized Gap Inc.'s supplier wages, and the parent addresses findings through its vendor code of conduct and remediation programs.
Old Navy has issued CPSC recalls on individual products over the years, including children's sleepwear and toddler items flagged for flammability or small-part hazards, with items pulled and refunded through standard recall protocols.
The most visible brand controversy came in 2021 and 2022 over Bodequality, an initiative launched with heavy promotion to offer women's sizes 0 through 30 in every style. The rollout strained store inventory economics, and the company sharply scaled back in-store extended sizes in 2022, drawing criticism for retreating on a publicized inclusivity commitment.
Labor controversies affecting the brand are typically handled at the Gap Inc. level, including periodic supplier-wage and union-related disputes at contracted factories in Bangladesh and Central America.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Gap | USA | 1969 | Mass market | Global | All Genders |
Market Positioning: Old Navy competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Gap Inc., giving you alternative choices that support different corporate structures.
Fashion ApparelOwned by Asda
British mass market fashion label founded by George Davies for Asda in 1989. The second best-selling clothing brand in the UK by volume, owned by Asda under TDR Capital ownership.
George is privately owned, unlike Old Navy which is under a publicly traded parent company.
Fashion ApparelOwned by TRB Acquisitions LLC
Value priced activewear and footwear brand owned by TRB Acquisitions LLC, sold through its own site, wholesale accounts, and outlet stores across the US.
RBX Active is privately owned, unlike Old Navy which is under a publicly traded parent company.
Fashion ApparelOwned by Ames Watson Capital
American retail brand offering fashion jewelry, accessories, and ear-piercing services for tweens, teens, and young women, owned by Ames Watson Capital.
Claire's is privately owned, unlike Old Navy which is under a publicly traded parent company.
Fashion ApparelOwned by Bluestar Alliance
American workwear brand founded in 1922, known for durable work clothing and uniforms. Owned by Bluestar Alliance LLC since November 2025.
Dickies is privately owned, unlike Old Navy which is under a publicly traded parent company.
Fashion ApparelOwned by Authentic Brands Group
American fast fashion brand owned by Authentic Brands Group; the U.S. retail operating company filed for Chapter 11 bankruptcy in March 2025 and closed all 354 U.S. stores.
Forever 21 is privately owned, unlike Old Navy which is under a publicly traded parent company.
Fashion ApparelOwned by Hot Topic, Inc.
Pop culture and music merchandise retailer, flagship brand of Hot Topic, Inc., now a subsidiary of Spencer Spirit Holdings.
Hot Topic is privately owned, unlike Old Navy which is under a publicly traded parent company.
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