The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
SAN FRANCISCO, United States — Gap Inc named Mark Breitbard as president and chief executive officer of its Banana Republic brand.
Breitbard, who will join Gap in early May, most recently served as the chief executive of San Francisco based-children's apparel retailer Gymboree Corp, Gap said on Tuesday.
Breitbard will replace Andi Owen, who left the company in late February.
By Gayathree Ganesan; editor: Shounak Dasgupta.
Fast-growing start-ups like Hettas, Saysh and Moolah Kicks created sneakers designed specifically for active women. The sportswear giants are watching closely.
The companies agreed to cap credit-card swipe fees in one of the most significant antitrust settlements ever, following a legal fight that spanned almost two decades.
In an era of austerity on Wall Street, apparel businesses are more likely to be valued on their profits rather than sales, which usually means lower payouts for founders and investors. That is, if they can find a buyer in the first place.
The fast fashion giant occupies a shrinking middle ground between Shein and Zara. New CEO Daniel Ervér can lay out the path forward when the company reports quarterly results this week.