Gap sees progress after investing in fashion, supply chain

02/10/2013 | Wall Street Journal, The

Gap ended 2012 with a 6.4% sales rise, after several years of working to right-size the company and create collections from colorful jeans at Gap and Old Navy to "Mad Men"-inspired styles at Banana Republic that could compete with trendier fast-fashion rivals. CEO Glenn Murphy cut the number of U.S. stores after taking the helm in 2007, and now the company is working to expand internationally.

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Wall Street Journal, The

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