In March 20th, Gap, a famous clothing sales company, announced that in order to expand its global sales scope, Francesco has set up two new stores in South Africa. Its managing director, Stefan Laban, said the company was delighted to bring the American style of GAAP into South Africa. market Potential, the company believes that South Africa will bring new opportunities to the development of GAAP.

In view of the good wholesale of GAAP and Stuttafords cooperation The two new stores will operate according to the existing wholesale agreements between Stuttafords and GAAP. The first store is located in Sandton shopping mall, Johannesburg, which opened in March 20th. The second store is located in Cape Town's largest shopping center, Tyger Valley Centre, which was officially opened in March 21st. Two store products come from GAAP Logistics distribution channels of the International Department, the GAAP children's department and the GAAP baby department. In addition, the company announced that it will also set up three stores in Lebanon, Georgia and Azerbaijan in 2012.