Gap Milestones

Important moments in the history of the Gap

1969 Doris and Don Fisher open first Gap store in San Francisco.
1970 Sales reach $2 million; second store opens in San Jose, Calif.
1976 Gap goes public, selling 1.2 million shares.
1977 Gap Foundation formed.
1983 Gap acquires Banana Republic.
1987 Sales reach $1 billion.
1994 First Old Navy store.
1995 Millard “Mickey” Drexler promoted to president and ceo.
1997 Gap launches gap.com.
2002 Paul Pressler succeeds Drexler as president and ceo.
2006 Company launches its first online-only brand, Piperlime.
2007 Glenn Murphy joins Gap as chairman and ceo.
2008 Gap acquires Athleta.
2009 Marking its 40th year, Gap launches 1969 Premium Jeans.

This story first appeared in the September 28, 2009 issue of WWD.  Subscribe Today.