Gap Inc will separate its better-performing Old Navy brand and shutter about 230 stores of its struggling namesake apparel business, in one of its biggest restructuring efforts to energize sales, sending shares surging 25 percent on Thursday.
from Reuters: Business News https://ift.tt/2EkmshF
Friday, March 1, 2019
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» Gap to separate Old Navy brand, close stores; shares soar 25 percent
Gap to separate Old Navy brand, close stores; shares soar 25 percent
Nike boss steps down as company veteran returns
The company looks to shake things up as demand for its trainers falters in international markets. from BBC News https://ift.tt/bEpzvAT
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