San Francisco — Andi Owen, global brand president of Banana Republic, will leave Gap Inc. in late February. While a search is underway for Banana Republic’s next president, Gap Inc. CEO Art Peck will directly oversee the brand.
Gap Inc.
San Francisco — Gap Inc.’s executive vice president and chief financial officer, Sabrina Simmons, will be leaving the company. Simmons will remain with Gap Inc. through the end of the 2016 fiscal year, ensuring a seamless transition over the coming months.
New York City — Foot Locker, Inc., the New York-based specialty athletic retailer, has appointed Scott Martin as senior vice president – real estate, effective June 13, 2016. Martin joins Foot Locker, Inc. from Gap Inc. He succeeds Jeffrey Berk, who retired in April after almost 20 years with the company.
San Francisco — Gap Inc. plans to close about 175 specialty stores in North America over the next few years, with about 140 closures occurring this fiscal year. These changes will not impact Gap Outlet and Gap Factory Stores. The brand also will close a limited number of European stores.