Apparel marketer, ‘Gap Inc.’ and ‘TAU Investment Management’, an active growth-equity investment firm, have entered into a partnership to promote best-in-class innovations and support the development of more sustainable, efficient, and improved garment factories and mills across Southeast Asia.
The launch of this corporate partnership highlights Gap Inc.’s continued commitment to innovation in its global supply chain, and underscores TAU’s investment model as a means of transforming the global garment industry.
TAU will treat suppliers referred by Gap Inc. as a priority for review in its deal pipeline, and Gap Inc. will consider TAU’s future-transformed factories for inclusion among its preferred suppliers.
Mr. Oliver Niedermaier, CEO of TAU Investment Management said, “We are proud to begin a working relationship with Gap Inc. that enhances our shared values of worker rights and environmental standards. We look forward to a fruitful and ongoing partnership.”
Executive vice president of Gap Inc., Sonia Syngal said “we invest in initiatives that will be transformative for our industry, our business and the people connected with US. The partnership with TAU Investment will further accelerate positive change within our supply chain.”
Gap Inc. is a leading global retailer offering clothing for men, women, and children under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. TAU aims to use capitalist solutions to solve capitalism’s worst failures – the undervaluation of human and natural resources. TAU is currently focused on the garment sector in South and Southeast Asia.
