Reported 4 months ago
Gap's parent company, GPS, including Banana Republic, Old Navy, and Athleta, saw a rise in shares after a successful first quarter, surpassing net sales and earnings expectations. CEO Richard Dickson discusses the company's focus on financial and operational rigor, emphasizing disciplined business practices and brand reinvigoration strategies such as improving the operating platform, supply chain, technology, and culture. The article also highlights Gap's successful rebranding efforts, particularly in the flagship brand and plans for Old Navy.
Source: YAHOO