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Tag: plunges

Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forward

Gap Inc.’s problems continued in the third quarter amid disappointing performances across all three of its divisions.   “This is a pivotal time for the company,” said Robert J. Fisher, during the company’s quarterly earnings call. Fisher, son of the founding family of Gap, was named interim president and CEO earlier this month following the departure of …

Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forwardRead More