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The largest accessories retailer in America |
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| Release time:2013-10-31 Source:admin Reads: | |
| Gap Inc. or The Gap is an American multinational clothing and accessories retailer. It is currently headquartered in San Francisco, California and sells a variety of merchandise including screen printing T-shirt. Gap Inc. was surpassed by Spanish-based Inditex Group as the world's largest apparel retailer, though it remains the largest specialty retailer in the United States. Bangladeshi and international labor groups put forth a detailed safety proposal which entailed the establishment of independent inspections of garment factories. The plan called for inspectors to have the power to close unsafe factories. The proposal entailed a legally binding contract between suppliers, customers and unions. The Fisher family remains deeply involved in the company, collectively owning much of its stock. Donald Fisher served as Chairman of the Board until 2004, playing a role in the ouster of then-CEO Millard Drexler in 2002, and remained on the board until his death on September 27, 2009. Fisher's wife and their son, Robert J. Fisher, also serve on Gap's board of directors. Robert succeeded his father as chairman in 2004 and also served as CEO on an interim basis following the screen printing T-shirt of Paul in 2007, before being succeeded permanently by Glenn K. Murphy. The Gap originally targeted the younger generation when it opened, with its name referring to the generation gap of the time. It originally sold signature blue jeans and white cotton t-shirts, and later expanded to include clothing such as screen printing T-shirt for men, women and children. Gap's current market works to appeal to a broad demographic of customers, whereas it presents a sophisticated image and Old Navy focuses "fun, fashion, and value" for families and younger customers. While the company has been criticized for blandness and uniformity in its selling environments, it maintains that it tailors its stores "to appeal to unique markets" by developing multiple formats and designs. |
