Gap Inc. in the headlines as Doris Fisher's passing reshapes the brand's legacy; founded 1969 by Doris and Donald Fisher in SF. #Gap #FashionNews
True Religion's CEO Michael Buckley has revitalized the brand by embracing its Y2K heritage and broadening its customer base. Meanwhile, US retail sales are forecasted to grow 4.4% in 2026, despite geopolitical tensions impacting consumer confidence and supply chains. The Gulf region faces a subdued Eid season due to ongoing conflicts.
Doris Fisher, co-founder of Gap, has died at 94. The company has grown from a San Francisco jeans-and-record shop to a global retailer with brands including Gap, Banana Republic and Old Navy, generating about $15 billion in annual sales. Fisher shaped Gap’s culture with simple design, fair pay and philanthropy.