Khakis Get the Blues
Gap Chief Executive Officer Paul Pressler resigned Monday following a miserable holiday shopping season that hurt the retail chain's fourth-quarter profit.
Paul Sakuma / AP
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With a company so large, one or two spot-on guesses could quickly usher in a Gap metamorphosis. "If they hit a trend with innovation, Gap has a lot at their disposal," says David Sievers, a principal at Archstone Consulting. Of course, to make that happen, Gap needs to first find one thing: a CEO who really knows fashion. Fast.
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