June 12, 2024


Fashion come on you

Must Read: Gap CEO Sonia Syngal Steps Down, Are Luxury Megabrands Getting Too Big?

Sonia Syngal speaks during the Fortune's Most Powerful Women Summit in 2019.

These are the stories earning headlines in vogue on Tuesday.

Gap CEO Sonia Syngal steps down
As Gap faces supply chain worries and sharp declines in product sales, its CEO is stepping down. Syngal joined the retailer in 2004 and served as chief government officer because March 2020. In the three-thirty day period period just before April 30, the firm endured a web decline of $162 million in comparison to the similar interval past yr, in which it made a profit of $166 million. Syngal will continue to be in her place all through a quick changeover time period, and Bob Martin, the firm’s existing executive chairman of the board, will serve as interim president and CEO, explained Hole in a assertion. CNBC