Esprit Announces Growth in Clothing Sales

Sports International Magazine Announces Clothing Awards

Reebok Fitness Shoe Fun…Are Fun T-Shirts Far Behind?


  Del.ico.us
  Google
  Yahoo MyWeb
  Blink
  Digg
  Furl
  Simpy
  Spurl

 
 
 
 
 
 

New CEO for GAP, Inc.

Tuesday 04th of September 2007 01:09:59 AM

Glen Murphy, the new CEO for GAP, Inc., which owns GAP, Old Navy, and Banana Republic retail stores, has proposed some creative changes in the direction of clothing lines that traditionally included T-Shirts, pants, jeans, and other casual wear.

Murphy, whose experience is not in retail, but in book selling, health and beauty, and food distribution for companies in Canada, is a quick-study and has already learned much about the retail industry. "Given my experience in retail and the focus from looking at the business from the customer up, understanding the importance of a great real estate strategy, understanding the critical nature of consistent store execution, and then applied in this business...I have a very solid retail background that can be transferred to other sectors," he said.

Son of the company’s founder and former chairman of the board, Bob Fisher is very excited to have Murphy take over as CEO. “Although he has been on the job just a few weeks, it is clear we found the right leader to take Gap Inc. forward. Over the past several weeks I have spent a great deal of time with Glen as he met with employees. What became obvious very quickly was his passion for our brands, his commitment to creativity and his impressive retail know-how. These qualities reinforce my confidence that we have the right leader in place."

Even though specific changes have not been announced, recovering from slow decline in sales over the past few years, is no doubt one of the company's goals.

(c)Mikas Vitkauskas, www.sxc.hu