STOCK TITAN

Old Navy Doubles Down on Pockets with Spring Dress Collection

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Old Navy has increased its offering of women's dresses with pockets by 50% in its new spring collection, addressing a strong consumer demand for pocket parity. The retailer noted that women prefer dresses with pockets and aims to further expand this selection in future collections. To celebrate this initiative, Old Navy will host a Pockets of Joy Day on April 1, inviting customers to find hidden tokens in select pockets for a chance to win a $20 gift card. This promotional event will take place from 12:00pm - 4:00pm at five selected locations.

Positive
  • 50% increase in women's dresses with pockets in the spring collection.
  • Plans for further expansion of the pocket selection in future collections.
  • Successful response to consumer demand for pockets in women's apparel.
Negative
  • None.

Brand Offers 50% More Women’s Dresses with Pockets in Spring Line

SAN FRANCISCO--(BUSINESS WIRE)-- Old Navy is giving women what they want - more dresses with pockets! The retailer has doubled the number of dresses with pockets in its new spring collection, answering the rallying cry from women everywhere to provide pocket parity in their clothes.

Old Navy Doubles Down on Pockets with Spring Dress Collection (Photo: Business Wire)

Old Navy Doubles Down on Pockets with Spring Dress Collection (Photo: Business Wire)

Old Navy achieved this paramount pocket milestone in just six months since its holiday collection debut, and is committing to grow their dress assortment with perfectly-placed-pockets even more in its summer collection and beyond, making the styles easily shoppable at www.oldnavy.com/pockets.

Popularity of Pockets
It’s no secret that women love dresses with pockets. In fact, women are twice as likely to prefer dresses with pockets than without, and more than half say their favorite go-to dresses in their wardrobes have pockets.1

And it’s no surprise why. Women long for the convenience of pockets inherent in menswear with nearly three-quarters of women noting the lack of pocket parity in women’s apparel. Nearly nine-in-ten women (87%) rely on pockets for simple storage, like holding small items or as an alternative to carrying a handbag, while 73% say pockets are an important haven for their hands, whether for warmth or as somewhere to place them in awkward situations.

Function aside, pockets spark joy for most dress-lovers. 71% of women say discovering that a new frock has pockets is an instant mood booster, and nearly nine-in-ten (88%) say they love the surprise of finding something they forgot about in a pocket.

Pockets of Joy Day
To celebrate Old Navy’s pocket announcement, the brand is inviting customers into select stores on Saturday, April 1, for its “Pockets of Joy Day.” Tapping into the universal joy of discovering things in pockets, Old Navy shoppers can find tokens hidden in select pockets of the retailer’s new spring dress merchandise that can be redeemed for a $20 gift card.2 This is not an April’s Fools joke!

Old Navy is celebrating its first-ever “Pockets of Joy Day” with its dress-loving customers from 12:00pm - 4:00pm local time at five store locations across the country:

  • New York, NY - Herald Square (150 W 34th Street, New York, NY 10001)
  • New York, NY - 18th Street (610 Avenue of the Americas, New York, NY 10011)
  • Roseville, CA - Creekside T/C (1244 Galleria Blvd, Roseville, CA 95678)
  • Jacksonville, FL - St. John’s T/C (10261 River Marsh Drive, Jacksonville, FL 32246)
  • Dallas, TX - Park Lane (8170 Park Lane Suite 124, Dallas, TX 75231)

The entire women’s spring dress collection is available now in all U.S. stores, with pocket-clad styles shoppable at www.oldnavy.com/pockets.

About Old Navy
Old Navy is a global apparel and accessories brand that makes current American essentials accessible to every family. Originated in 1994, the brand celebrates the democracy of style through on-trend, playfully optimistic, affordable and high-quality products. A division of San Francisco-based Gap Inc. (NYSE: GPS), Old Navy brings a fun, energizing shopping environment to its customers in more than 1,200 stores around the world. For more information, please visit www.oldnavy.com.

____________________
1

All statistics provided by Material from February 2023 survey among sample of 517 women ages 18+

2

Tokens are redeemable for one Old Navy gift card at a $20 value. Gift cards subject to terms and conditions. Valid on 4/1/23 only, from 12:00pm - 4:00pm local time in select US stores. Limit to one token per customer. While supplies last.

 

Media Contacts

Alison Brod Marketing + Communications

oldnavy@abmc-us.com



Dava Huber

Dava_huber@gap.com

Source: Old Navy

FAQ

What is the significance of Old Navy's new spring dress collection?

Old Navy has increased its offerings of women's dresses with pockets by 50%, responding to consumer demand for more functional clothing.

When is Old Navy's Pockets of Joy Day event?

The Pockets of Joy Day event will take place on April 1 from 12:00pm to 4:00pm local time at select store locations.

Where can I participate in Old Navy's Pockets of Joy Day?

The event will occur at five select locations, including stores in New York, CA, FL, and TX.

How are customers rewarded during Old Navy's Pockets of Joy Day?

Customers can find hidden tokens in dress pockets that can be redeemed for a $20 gift card.

Why are pockets important in women's dresses according to Old Navy?

The press release highlights that women prefer dresses with pockets for convenience and functionality, with many expressing that pockets significantly enhance their clothing experience.

The Gap, Inc.

NYSE:GPS

GPS Rankings

GPS Latest News

GPS Stock Data

9.21B
373.51M
40.91%
64.56%
10.27%
Apparel Retail
Retail-family Clothing Stores
Link
United States of America
SAN FRANCISCO