Gap hires new CEO
US: Gap pins hopes on new CEO Glenn Murphy to lead turnaround
Struggling US clothing retailer Gap Inc has ended a seven-month search for a new CEO by hiring a fashion industry…
UK: Gap could exit market if new range fails
Troubled US fashion retailer Gap Inc could exit the UK market if its new European fashion range fails to seduce consumers,…
US: Gap same-store sales fall 5% in June
The San Francisco based retailer on Thursday (12 July) said net sales dropped 4% to $1.45bn for the five-week period…
US: Gap to expand into Saudi Arabia and Turkey
San Francisco-based Gap Inc has lined up a series of franchise deals with retailers in Saudi Arabia and Turkey. The…
US: Gap Q1 profit falls 26%, but slightly above consensus
Gap Inc said late Thursday (24 May) that its first quarter earnings fell 26.4%, but managed to exceed consensus estimates.…
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US: Gap signs up designer Patrick Robinson
Patrick Robinson, the Paris-based designer who’s put his mark on fashions ranging from Target to Giorgio Armani, has been appointed…
US: Gary Muto returns to Gap presidency
Gap Inc has named company veteran Gary Muto president of Gap Adult and Gapbody, effective immediately. Muto, who’s been with…
US: Gap makes executive changes, posts flat January sales
Apparel giant Gap Inc has announced leadership changes at its Gap brand and Outlet business, and also reported flat same-store…
US: Marka Hansen to head Gap North America
Marka Hansen, president of Gap’s Banana Republic division, has been named president of the company’s Gap North America business, succeeding…
US: Gap CEO Paul Pressler resigns
Paul Pressler’s problematic tenure at the helm of Gap Inc ended Monday in a far less surprising way than it…