Old Navy is a popular brand among Israelis because it is a basic fashion at popular prices, an area in which the Fox Group specializes. Old Navy belongs to the Gap group. The chain that sells clothing for the whole family has been operating since 1993, at prices ranging from NIS 35 to NIS 223. In the US these are stores designed like giant warehouses to give the discount feel. The chain operates 1,100 stores worldwide with a turnover of $ 4 billion.
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It was also reported that Wiesel, through a retailer company under his control, is examining the possibility of bringing the “Sport Direct” chain to Israel, the largest sports chain in the UK for equipment and sports brands from Nike, Puma, Adidas and more. In addition, Wiesel received a franchise to bring to Israel the Sun Glass sunglasses chain owned by Luxotica, a huge eyewear conglomerate from Italy.
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