Business
Gap Names Michael Francis Old Navy CEO to Boost Sales
Shares of Gap GAP 13.16%increase; up pointing triangle rallied after the apparel company brought in a retail veteran to help boost flagging sales at its Old Navy brand.
The retailer on Thursday named Michael Francis as the next chief executive officer of Old Navy, its largest brand. Francis has a renowned retail career over several decades, notably helping to cultivate Target’s cheap-chic image as chief marketing officer in the early 2000s, and later as a key consultant at Walmart for about a decade.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
You must be logged in to post a comment Login