Business

Gap Announces New CEO for Old Navy Following Sluggish Sales

Updated 2026-08-27 20:25 UTC 1 source Negative

Gap announced a new CEO for its Old Navy brand following a decline in comparable sales. The company reported a drop in quarterly sales, prompting the leadership change.

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CNBC
Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.
2026-08-27 20:17 UTC
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