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The Gap, Inc., [6] commonly known as Gap Inc. or Gap, is an American worldwide clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates four primary divisions: Gap (the namesake banner), Banana Republic, Old Navy, and Athleta.
The company owns Gap, Old Navy, Banana Republic, and Athleta. Instead, they opted to hire Dickson, the former Barbie savior at Mattel ( MAT ), in August 2023. Dickson said it would be "difficult ...
The Gap was a resounding success and filed for an IPO in 1973. [2] 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]
In 1989, Fisher was named president of Banana Republic. In 1990, he became a member of the Board of Directors of Gap Inc., and in 1992, he was named an executive vice president of Gap Inc. From 1993 to 1995, he served as chief financial officer of Gap Inc., at which time he was promoted to chief operating officer of the company.
El Puerto is a real estate and department store conglomerate that has boutiques with known names like Gap, Banana Republic, and Williams Sonoma, among others, in addition to department stores and ...
The brand has struggled as a series of fashion misses turned off shoppers amid increasing competition from retailers such as H&M, Forever 21 and Zara.
By 2015, Old Navy's yearly sales had reached $6 billion per year in the United States, almost equaling those of Gap Inc.'s Gap and Banana Republic divisions combined. [18] Larsson left the company to join Ralph Lauren in 2015 and was replaced by current President and CEO, Sonia Syngal. [19]
Are Old Navy, Gap and Banana Republic open on New Year's Day? Hours for Old Navy, Gap and Banana Republic vary by location. Customers are encouraged to contact their local store for specific hours ...