Gap (The Gap Inc.) refers to an American Clothing and accessories retailer based in San Francisco, California and founded in 1969 by Donald G Fisher and wife Doris Fisher as a single store. The Gap Inc. has evolved into a major retail company with well known brands, including its namesake, Banana Republic, and Old Navy.
The firm sells a variety of casual-style and urbane chic clothing to men, women, and children in over 4,250 stores across the United States and in Canada, France, Japan, Germany, and the United Kingdom. The Gap flourished through the 1980s and 1990s under the leadership of Millard "Mickey" Drexler but has battled tough times in the early years of the new century. Drexler retired in 2002, and Paul Pressler was named CEO. As of October 2006, Gap Inc. had approximately 150,000 employees and operated 3,139 stores worldwide in the United States, Canada, Mexico, France, Ireland, Indonesia, Japan, South Korea, Kuwait, Malaysia, Peru, Singapore, Turkey, the United Arab Emirates, and the United Kingdom.
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Key Dates:
1969 - Don and Doris Fisher open their first store in San Francisco, California.
1976 - The company offers 1.2 million shares to the public.
1983 - Millard Drexler is named president and the firm acquired Banana Republic.
1986 - The first GapKids store is opened.
1987- The first international store is opened in London.
1990 - BabyGap was launched.
1994 - The Old Navy brand was established.
1997 - The Gap Web site debuts.
2002 - Drexler retired, Paul Pressler is named CEO.
2007 - Glenn Murphy named CEO and Chairman
To shop for Gap products, visit - http://www.gap.com/, Gap has maintained its lovely products.
My favorite Gap! For shoes, I like their ballerina flats made with plaid, houndstooth, and herringbone fabric. For handbag, I like Gap's leather foldover hobo and herringbone hobo. For clothes, I prefer their floral drop-waist dresses.
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