Banana Republic finally going to the UK

San Francisco based retailer, The Gap announced that its brand Banana Republic will be launched in Europe and the UK in 2008. It's rival H&M will also be launching a new brand called COS, which stands for Collection of Style, and is their more upmarket selection of clothes. H&M will open a COS store in the UK on Regent Street next month and ten additional stores in the UK, Germany, the Netherlands and Belgium.