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The winning model of the first season, selected by McCarroll, was Julia Beynon. McCarroll later turned down both the $100,000 and the mentorship with Banana Republic, stating that the prizes came with too much contractual baggage. [1] Austin Scarlett later appeared in Project Runway All Stars in 2012, where he finished runner-up.
The company operates four primary divisions: Gap (the namesake banner), Banana Republic, Old Navy, and Athleta. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M . [ 7 ]
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They are the founders of Banana Republic, a clothing and accessory retailer. [1] Alongside William Rosenzweig, they co-founded The Republic of Tea. They eventually sold both companies. [2] [3] The Zieglers subsequently founded another apparel company, Zoza, [2] [3] [4] but this was shut down in the dot com crash of 2000. [5]
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They went on to purchase Banana Republic, a small, two-store mail-order catalogue business; and also founded Old Navy which reached $1 billion in sales in four years. [2] Fisher served as CEO until 1995, chairman of the board until 2004, and as company director and chairman emeritus until his death.