• Tweet at Us
  • Like Us
  • Our Pinspiration
  • Behind the Scenes
  • PlusOne Us
  • Our Pictures
  • Fill Your Feed
Newsletter Signup
Add my email address to the selected mailing list(s):

Edited by on May 18 2011 at 6:51 AM

On the heels of dismissing chief designer Patrick Robinson, Gap Inc. is addressing the gap in international and online sales — which are growing rapidly and expected to make up 30 percent of revenue by 2013 —  and North American sales — which…not so much.

Gap Minds Its Sales Gap

The company’s chairman and CEO Glenn Murphy outlined some initiatives to get the Gap back on track, such as downsizing on their number of stores, striking a better balance between Gap and its “value channel” (read: cheaper, less attractive sister) Old Navy and nearly doubling the number of global franchises by 2014 or sooner ( including the inevitable expansion into China).

I’m assuming finding a new designer fits into that grand scheme somewhere… [WWD]

Browse Stories by Categories:
Browse Stories by Author:

Story by Lester Brathwaite

I was center square from 1969 to 1978, during which I perfected the art of the zing as well as a crippling cocaine addiction. Bea Arthur was responsible for both. @LesFabian lester dot brathwaite at gmail

More in FASHION (3342 of 12465 articles)