Gap Inc. Chief Executive Officer Glenn Murphy has spent three years cutting costs and boosting profits. During that time the stock has barely budged.
Gap Inc. Chief Executive Officer Glenn Murphy named Art Peck president of Gap North America and moved the namesake brand’s creative base to New York from San Francisco in a bid to boost sales.
Gap Inc., the biggest U.S. specialty-apparel retailer, posted a 25 percent increase in second-quarter profit as new denim and athletic products boosted sales at its namesake and Old Navy chains.
Gap Inc. , the San Francisco-based operator of more than 3,000 clothing stores, expects most of its sales growth to come from outside North America and online, Chief Executive Officer Glenn Murphy said today.
"While we were disappointed in our October sales results, particularly at Gap, we look forward to presenting our improved product collections for the holiday season across all our brands."
- Glenn Murphy on Nov 06, 2014
Les Berglass Says Gap Needs to Make Consumers Happy (Audio)