Jan
17
Gap Decides Not to Spin Off Old Navy Into Separate Company
Posted in: UncategorizedGap will no longer think about spinning off Old Navy into a separate public company. “The work we’ve done to prepare for the spin shone a bright light on operational inefficiencies and areas for improvement,” said Robert Fisher, the company’s interim CEO, in a statement. In early November, Gap dismissed CEO Art Peck. His departure…
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