Gap Inc. announced that the company no longer intends to separate Old Navy into a standalone public company.
“The plan to separate was rooted in our commitment to value creation from our portfolio of iconic brands,” said Robert Fisher, Interim...
Gap Inc. has announced plans to create two independent publicly traded companies: Old Navy, a category-leader in family apparel, and a yet-to-be-named company, which will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix and Hill City.
Gap Inc....