Be among trailblazing marketing pros at Brandweek this September 23–26 in Phoenix, Arizona. Experience incredible networking, insightful sessions and a boost of inspiration at ADWEEK’s ultimate brand event. Register by May 13 to save 35%.
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 the board, said in a statement that the board’s decision stemmed from a realization that Old Navy’s customers and business have “increasingly diverged” from Gap Inc.’s
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in