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Gap to franchise Old Navy overseas, grow smaller brands at home
San Francisco -- In a presentation to shareholders at its annual investor meeting on Wednesday, Gap CEO Glenn Murphy outlined growth initiatives that include taking Old Navy international via a franchising route, and expanding on its online programs.
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J.Crew announces new president, senior execs
New York -- A Wednesday report by Women’s Wear Daily said Libby Wadle been named president of the J. Crew brand, charged with overseeing both the retail and direct businesses of J. Crew, Crewcuts and J. Crew factory outlets. She was previously EVP.
Former chief administrative officer James Scully has been promoted to COO.