The CEO of the American fashion group, who stepped into his role in early 2015, will be succeeded by chairman of the board, Robert J. Fisher, heir of the company's founding family, who takes over as interim CEO.
One year after launching Hill City, Gap has opened the men's activewear brand’s first physical store in San Francisco, a 12-month pop-up aiming to test the waters as the digital-first label looks into physical retail.
Gap, Inc. has given an update on the upcoming separation of its businesses into two companies, revealing plans to almost double Old Navy’s physical store count, while the Gap brand will refocus around denim.
The women’s athleticwear brand has named Allyson Felix as its first sponsored athlete, promising a holistic, socially-engaged partnership with the sportswoman, who has previously criticized Nike for its pregnancy policy.
San Francisco-based Bolt, an ‘Amazon-style’ online payment solution specialist, recently completed a second funding round, increasing the total amount of finance raised since its creation in 2014 to $90 million.