Gap
Essay by 24 • November 21, 2010 • 480 Words (2 Pages) • 1,345 Views
GAP structure
Since Gap Inc. believes that a strong brand is what drive the sales, it is structured along its brands. Each of the four Brands is operating under its own division in the company. Until February 2006 it had an International division that looked after all the stores located outside the USA. Each of the divisions have its own marketing team under the overall marketing division. This allows it to adapt for the specifics in the market segment it serves.
The international division will now be segmented and the country managers will be reporting directly to the brand managers for the specific brands stores.
Recommendations
1. Improve their world-wide distribution channels
2. Expanding the business to the potential markets like middle east (such as UAE)
3. Adding products for +44 years older men
4. Expand other brands globally
Appendix A
Milestones
1969
Founders, Don and Doris Fisher, open the first Gap store in San Francisco, California.
1976
Gap goes public, offering 1.2 million shares of stock on the New York and Pacific stock exchanges.
1983
Gap Inc. buys Banana Republic - then a two-store safari and travel clothing company with a thriving catalog business.
1986
Gap Kids opens its first store.
1987
Gap goes international opening its first store outside the U.S. in London, UK.
1990
babyGap is born.
Gap's first Canadian store opens in Vancouver, British Columbia
1993
Gap enters France, opening a department in Paris' Galleries Lafayette.
1994
Gap Inc's newest brand - Old Navy - debuts.
1995
Millard Drexler is named CEO of Gap Inc.
1997
Making shopping even easier for U.S. customers, Gap opens its Online Store at gap.com
2000
Gap delivers Gap Maternity in an online-exclusive debut.
Old Navy launches its Online Store at oldnavy.com.
Development
About 3000 stores with over 150,000 employees
Stores: USA, UK, Canada, France, Japan, Germany and now targeting Asian market.
Sells casual clothes, shoes and accessories
Fast growth though mass media advertising and outsourcing.
2001
Old Navy makes its debut outside the United States, opening12 stores in Canada.
2002
Paul Pressler
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