Reported about 18 hours ago
At the World Economic Forum in Davos, Gap CEO Richard Dickson dispelled rumors about breaking up the company, stating that the current brand portfolio is robust and differentiated. After previously considering a split under past management, the focus is now on enhancing operations and increasing shareholder value. Since taking over, Dickson has implemented changes leading to improved earnings and stock performance, amidst challenges posed by potential tariffs on imports affecting sourcing from China and other countries.
Source: YAHOO