Gap Inc. and Athleta Invest $1 Million in Footwear and Apparel Start-up Saysh

The San Francisco-based apparel retailer invested in the label which was founded in June 2021 by the American Olympic sprinter Allyson Felix and her brother Wes Felix.

The investment was part of an $8 million Series A funding round, led by Gap and consumer fund Iris.

Saysh will use the funding to scale its e-commerce business, wholesale distribution, and community-based retail footprint, according to a company statement Thursday.

The brand also…