For a long time, Gap Inc.’s struggling namesake stores and its Banana Republic chain have been riding the coattails of Old Navy, their healthier sister retailer. One will consist only of Old Navy, and will be helmed by its current brand leader, Sonia Syngal. Executives had for some time been managing Gap and Banana Republic as mature brands, rather than high-growth ones. Old Navy, meanwhile, still shows plenty of opportunity for expansion. Old Navy is doing so many things right, from its stylish assortment to its well-chosen store locations.

Source: Washington Post March 01, 2019 00:56 UTC