Big Change at Gap Inc.: Tough CEO Search Ahead As Pressler Pushed Out
Gap Inc. is looking for a merchant prince to work some retail magic. The struggling, 3,100-unit retailer on Monday pushed out Paul Pressler, its president and chief executive officer, after a failed four-and-a-half-year effort to turn it around.
From This Issue
A day after he laid out $1.28 billion, for 5 percent of the BTP Vinci construction business, French entrepreneur Francois Pinault, who owns Gucci Group, on Friday said current market conditions precluded him from making a play for French utilities…
Is Chanel getting into the furniture business? Not quite. But the French fashion house has commissioned furniture maker Domeau and Peres to produce an armchair designed by Fabrice Hybert that is quilted red leather and inspired by a Swiss Army knife.