Connect with us


Can Gap Escape the Whirlwind? New CEO Confronts Years of Decline – The Wall Street Journal

Sonia Syngal is plotting a future of fewer stores and more fashion risks to revive the company’s namesake brand



post featured image

In late March, Gap Inc., the perennially struggling retailer, temporarily closed all its North American stores in response to the Covid-19 lockdown and lost 70% of its revenue overnight.
Four days later, Sonia Syngal took over as CEO.
The pandemic has washed out many companies that were already on shaky ground, especially in retailing. J.Crew…

Click here to view the original article.

Continue Reading

You might also like ...

post featured image
Salesforce talks to buy Slack foreshadow showdown with Microsoft – Financial Times
Ugg Black Friday Sale: The Best New Ugg Deals Available Now – Forbes
Crypto Boom Shaken as Bitcoin Plunges Along With Other Coins – Bloomberg