February 4th, 2010 Below is a market data summary about an apparel retailer1 you’ve probably heard of – the Gap. Taken from: http://www.answers.com/topic/the-gap-inc Instructions: 1. Take about 20 minutes to read the text. 2. The 2 questions below (I & II) shouldn’t take you more than 10 minutes. 3. The bonus part (III) could take you 10 minutes or more – it’s up to you. Good Luck! Apparel Retailers On the web: http://www.gapinc.com Employees: 134,000 Industry: The Gap, Inc. was incorporated2 in the State of California in July 1969 and was reincorporated2 under the laws of the State of Delaware in May 1988. It is a global specialty retailer1 offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Old Navy, Banana Republic, Piperlime, and Athleta brands3. Founded4 in 1969, Gap stores offer a selection of classically styled casual apparel5 1 2 3 4 5 An apparel retailer = קמעונאי הלבשה Incorporated built A brand = מּותג Founded (to found) established, created Casual apparel = ; כאן הכוונה לפריטי לבוש לא רשמיים 1 casual informal ≠ formal February 4th, 2010 at moderate6 price points. Products range from wardrobe basics such as denim7, khakis, and T-shirts to fashion apparel, accessories, and personal care products for men and women. It entered the children’s apparel market8 with the introduction of GapKids in 1986 and babyGap in 1989. These stores offer casual5 apparel and accessories in the tradition of Gap style and quality for children - ages newborn through pre-teen. It also offers maternity apparel9. It launched10 GapBody in 1998 offering women’s underwear11, sleepwear, loungewear, and sports and active apparel. It also operates Gap Outlet stores, which carry similar categories of products. The Company launched10 Old Navy in 1994 to address the market8 for value-priced family apparel. Old Navy offers selections of apparel, shoes, and accessories for adults, children, and infants as well as other items, including personal care products. Old Navy also offers a line of maternity wear8. Acquired in 1983 with two stores, Banana Republic offers sophisticated12, fashionable collections of casual5 and tailored apparel13, shoes, accessories, and personal care products for men and women at higher price points than Gap. The Company also operates Banana Republic Factory Stores, which carry similar categories of products. It launched10 Piperlime in October 2006. Piperlime offers customers an assortment14 of 6 Moderate reasonable, fair Denim jeans 8 A market = שוק to market = לשווק 9 Maternity apparel = כאון הכוונה לפרטי לבוש לנשים בהריון 10 To launch = להשיק 11 Underwear = תחתונים 12 Sophisticated stylish, classy ; In a different context, it could also mean complicated 13 Tailored apparel = )'כאן הכוונה לבגדים מחויטים (חליפות וכו 14 An assortment a variety, a range of 7 2 February 4th, 2010 the brands in footwear and handbags for women, men, and kids, as well as tips, trends15, and advice from leading style authorities16. Acquired in September 2008, Athleta offers customers women’s sports and active apparel and footwear that is stylish and functional for a number of activities, including golf, running, skiing/snowboarding, tennis, and yoga. The Company’s stores offer a shopper-friendly environment with an assortment13 of casual5 apparel and accessories that emphasize17 style, quality, and good value. The range of merchandise displayed18 in each store varies19 depending on the selling season and the size and location of the store. As of January 31, 2009, the Company operated a total of 3,149 store locations. It operates stores in the United States, Canada, the United Kingdom, France, Ireland, and Japan, while its independent thirdparty franchisees own and operate stores in Asia, Europe, Latin America, and the Middle East under the Gap and Banana Republic brand names. Gap, GapKids, babyGap, GapBody, Banana Republic, Old Navy, Piperlime, and Athleta trademarks20 and service marks, and certain other trademarks, have been registered, or are the subject of pending21 trademark applications with the United States Patent and Trademark Office and with the registries22 of many foreign countries and/or are protected by 15 16 17 18 19 20 21 22 A trend a fashion An authority = )סמכות (גם רשות To emphasize = להדגיש To display = להציג ; to be displayed = להיות מוצג To vary to differ, to change A trademark = שם מסחרי Pending awaiting, expecting A registry = משרד רישום 3 February 4th, 2010 common law. The global specialty apparel industry is highly competitive23. The Company competes23 with national and local department stores, specialty and discount store chains24, independent25 retail stores and online businesses that market8 similar lines of merchandise. It is subject to various26 proceedings27, lawsuits28, disputes29, and claims30 arising in the ordinary course of its business. I The following words were used in the text. 1. 2. 3. 4. 5. Maternity wear Tailored apparel A chain store A market, to market Independent Use them to translate the following expressions / words: English Hebrew (Change the font color for answers) A maternity leave (of absence) Tailor-made A chain The marketing department Independence Day 23 24 25 26 27 28 29 30 חופשת לידה מותאם אישית לצרכים שרשרת מחלקת השיווק יום העצמאות Competitive = תחרותי to compete = להתחרות A store chain = חנות רשת Independent = עצמאי Various a variety of, different, an assortment of, a range of Proceedings = הליכים משפטיים A lawsuit = תביעה משפטית A dispute = ויכוח, התדיינות,מחלוקת A claim = )תביעה (גם טענה 4 .1 .2 .3 .4 .5 February 4th, 2010 II What is the name of each age group? Copy & Paste the words from the text box in the correct order according to chronological age as shown in the table below. Age – in years Age group Adults Children, kids Toddlers & Infants Newborn babies, babies Senior citizens Teenagers 0-2 3-4 5-12 13-17 18-64 65+ III – Bonus!!!! I know you have recently had many foreign visitors and delegations in your company. Choose any 3 words from the text you have read to describe your contribution31 to these visits. You can use any conjugation32 of the word (if possible). Below is a table of selected words you may use. 31 32 A contribution = תרומה A conjugation = נטייה to contribute = לתרום 5 February 4th, 2010 Noun33 Adjective34 Verb35 Adverb36 A brand Casual Moderate To moderate To be moderated Casually Moderately To launch Sophisticated An assortment Assorted A trend Trendy An authority An emphasis A display A variety A registry A competition 33 34 35 36 Various Registered Pending Competitive To emphasize To display to be displayed To vary To register To compete A noun = שם עצם An adjective = )תואר (השם A verb = פועל An adverb = תואר הפועל 6 Competitively