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.
Gap sees progress after investing in fashion, supply chain
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