The Gap Inc. continues to sink as it hits it’s lowest share price in 4 years.
The company which owns The Gap, Old Navy and Banana Republic has been experiencing woes to say the least. They are currently in the mist of trying to turn things around through the arrival of a new CEO, the addition of designer Patrick Robinson as vice president of design and a new ad campaign.
The new additions may help the company which faces stiff competition from fast fashion retailers such as H&M and Uniqlo. We know that most of our friends are currently displeased with The Gaps offering and we haven’t bought something from that store in ages.
We look forward to Patrick Robinson changing things fast!
Gap Shares Hit 52-Week Low [DNR]
