Additional Follow-up on The Gap

August 22, 2008

Surprise, surprise, The Gap GPS (NYSE) the well-known struggling retailer announced its quarterly earnings yesterday and they were up 51% from the same period a year ago.  Yesterday, I wrote a post about recent changes at The Gap.  I specifically focused on The Gap’s new designer, Patrick Robinson and his potential to help the firm.   The Gap’s CEO Glenn Murphy who was met with a good deal of skepticism when initially appointed back in July 2007 (see post) may actually be succeeding in making a real dent in resolving some of the troubles the retailer has been facing.  There actually may be some light at the end of the tunnel for the firm.Stay tuned.  For more:Atlanta Business JournalReutersLA TimesMarketing WeekRetail Exec