‘You barely knew what we were actually selling’

Richard Dickson, CEO of Gap Inc. Courtesy: Gap Inc. New Gap CEO Richard Dickson has spoken about his experience upon joining the struggling company from toy business Mattel in August. “You barely knew what we were actually selling,” he said on Wednesday, describing how the firm’s four apparel brands had leant heavily on promotions and … Read more

Hole (GPS) earnings Q2 2023

Hole reported blended outcomes on Thursday and underwhelming current-quarter steering because the longtime mall retailer warned of an “unsure client” and posted one other quarter of declining gross sales throughout all 4 of its manufacturers. The corporate is projecting web gross sales to lower within the low double-digit vary for the fiscal third quarter in … Read more