12 Facts About Banana Republic


Banana Republic is an upscale clothing and accessories retailer owned by the American multinational corporation Gap Inc.

FactSnippet No. 1,570,736

In 1983, Gap purchased the company, changed the name to "Banana Republic, " and rebranded the stores to achieve a more upscale image.

FactSnippet No. 1,570,737

In 2015 Banana Republic opened a new flagship in Manhattan on Fifth Avenue and 18th Street.

FactSnippet No. 1,570,738

Banana Republic opened its first store outside North America in 2005 in Tokyo's Ginza shopping district.

FactSnippet No. 1,570,739

In 2007, the first Banana Republic stores opened at The Avenues shopping mall in Kuwait City, Kuwait; Senayan City in Jakarta, Indonesia; and Pavilion Kuala Lumpur in Kuala Lumpur, Malaysia.

FactSnippet No. 1,570,740

Banana Republic opened its first store in Turkey in March 2008 in the Kanyon Shopping Mall in Istanbul.

FactSnippet No. 1,570,741

Banana Republic opened in Saudi Arabia in late 2008, with a store in Mall of Arabia in Jeddah and a second in Riyadh Gallery Mall in Riyadh in March 2009.

FactSnippet No. 1,570,742

In March 2008, Banana Republic opened its 17,000-square-foot store on Regent Street in London, England.

FactSnippet No. 1,570,743

On May 9,2008, Banana Republic opened its store on Greenbelt 5 in Makati, Philippines.

FactSnippet No. 1,570,744

In October 2016, Banana Republic announced that it would close all its UK stores by the end of the year, due to falling sales.

FactSnippet No. 1,570,745

Banana Republic has not stated the exact locations that will be closed, but most will be stores within malls.

FactSnippet No. 1,570,746

Banana Republic closed all eight of its UK and Ireland stores in 2016, and shut down all of the brand's European websites in May 2022.

FactSnippet No. 1,570,747