Gap Names Sunnucks Global President of Gap Brand; Peck President of Innovation, Digital and New Brands
Building upon its solid performance this year, Gap Inc. (NYSE: GPS) today announced a new global brand structure designed to fuel the company's long-term growth. Gap Inc.'s five brands and over 3,200 stores are currently located in more than 40 countries worldwide, up from just eight countries in 2006.
With the start of the 2013 fiscal year, the company will bring together its North American, International, Online, Outlet and Franchise divisions under a single global executive for each of its Gap, Banana Republic and Old Navy brands. In addition, to build upon the company's considerable online success and industry-leading technological advances, the company will form a new Innovation and Digital Strategy team to further its leadership position in this area.
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