Keeping an eye on and an open mind to The Gap, Inc. will take on a whole new meaning as you continue reading this post.
The Gap, Inc. is made up of five brands and two reporting segments. Gap brands include its namesake branded apparel known for its jeans and khakis, GapKids, and babyGap. Old Navy and Banana Republic complete the list of brick and morter stores (although Athleta – specializing in women’s active apparel and footwear – is slowly opening retail stores in select areas of the U.S. as I write this post). Collectively, these retail avenues form the “Stores” reportable segment of the company. Stores are located all over the world, including the U.S. and Puerto Rico, Canada, Europe, Asia, and other regions.
Its second and final reporting segment is known as the “Direct” segment. This includes all online brands, both domestic and international, and especially Piperlime – an online only brand which offers footwear for the entire family.
To demonstrate the weight of each of the brands and reporting segments, I have created a mind map using xmind of the FY2010 (ended 1/29/11) sales revenue by segment, brand, and region. What is a mind map, you ask? A mind map is a diagram that presents words, ideas, etc. visually in such a way to emphasize the relationship between the different concepts.
Following is the Embed Code for this mind map:
<iframe id=’xmindshare_embedviewer’ src=’http://www.xmind.net/share/_embed/TSchikoraMBA/the-gap-inc-1/’ width=’900px’ height=’300px’ frameborder=’0′ scrolling=’no’>
Including the above text in the HTML portion of a blog post will display the mind map within the post. (See below). I would highly recommend creating your own account at www.xmind.net. The basic service is free and you can share maps amongst your colleagues and friends.
Do you understand my “eye”-catching heading now? Oddly enough, this “mind” map displaying the revenue flow of The Gap, Inc. for FY10 looks like an eyeball. Presenting the information in this manner clearly demonstrates how the Stores reporting segment compares in size to the Direct reporting segment.
- Digital Delights for Learners – XMind – Mind Mapping and Storming (xmind.net)
- How to evaluate ideas using a mind map (mindmappingsoftwareblog.com)