The company board said that following a comprehensive review by the Gap Inc board of directors, it was clear that Old Navy's business model and customers increasingly diverged from the specialty brands over time, and "each company now requires a different strategy to thrive moving forward." Shares surged 25% in aftermarket trading after the announcement.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BUc939
No comments:
Post a Comment