Gap Inc (NYSE: GPS) is in focus on Tuesday after a senior Wells Fargo analyst downgraded the clothing retail company to equal-weight citing “deteriorating fundamentals”. Gap is facing a do...
Tag: Syngal
Gap CEO Syngal Fired After Failing to Rescue Struggling Retailer
(Bloomberg) — Gap Inc. fell on Tuesday as rising costs and discounts thwarted Sonia Syngal’s turnaround after 2 1/2 years as chief executive officer of the clothing retailer. Most Read from Bloo...
Gap CEO Sonia Syngal is stepping down, effective immediately
Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune’s Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Sarah Silbiger | Bloo...