Feb 28

Gap Is Spinning Off Old Navy Into a Separate Company

Posted in: Uncategorized

Old Navy is coming out from under the Gap umbrella. Gap Inc. today announced it is spinning off Old Navy into its own company. The Gap brand, Banana Republic, Intermix and athletic brands Athleta and Hill City will remain part of the same company under a new, yet-to-be-determined name. Robert Fisher, Gap Inc.’s chairman of…

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