Gap Shares Tumble After CEO Murphy Announces Exit

Gap CEO Glenn Murphy steps down | Source: Courtesy

Gap Inc. fell the most in more than three years after saying it will replace Chief Executive Officer Glenn Murphy, who was credited with reviving the apparel maker during his seven-year tenure, and posting disappointing September sales.

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Gap Willing to Sign Bangladesh Safety Accord, If Tweaked

Gap Spring/Summer 2013 Denim Evolved campaign | Source: Gap

SAN FRANCISCO, United States — Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were some "very minor accommodations."

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Poland’s new wealthy, Gap rebounds, H&M sourcing woes, Social retailing, Bengali style setters

Warsaw skyline | Source: Travelpod

A market for the newly wealthy (FT) “Luxury is a relative concept. In Poland just over two decades ago, it was the height of luxury to have a steady supply of toilet paper, a washing machine and a few US dollars to buy some stick deodorant at a Peweks hard currency shop.” Gap Channels Best Quarter With Banana Republic’s Mad Men (Bloomberg) “Clothing based on the 1960s ‘Mad Men’ styles of Don Draper and

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