By  on November 11, 2019

When Art Peck found himself out on a limb as chief executive officer of Gap Inc., there were plenty of reasons to point to. 

By the time he fell off his perch last week, the company’s third quarter was described as “challenging” and earnings guidance was cut dramatically, the planned spin-off of Old Navy was troubled by weaker sales and the Banana Republic and Gap brands were still struggling for a way forward.

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