Most recently, Sonia led Old Navy from $7B to $8B in sales in just three years, expanding its North American presence to more than 1,200 stores, scaling its ecommerce site to the no. One of his last acts was to try to spin off Gap’s discount chain Old Navy from its other brands — an attempt that was ultimately scrapped. Thanks to consumers having so many choices, the once powerful Gap is a severely diminished brand without a clear place in the market. After roles in the auto and tech industries, Sonia Syngal has been president and CEO of Old Navy since 2016. And Banana Republic has struggled for years to update itself at a time people dress more casually both for work and going out.Still, those brands have their followings. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article Wall Street’s patience may be thin after Art Peck’s departure from the role of CEO in November. That set her up to take the reins at Old Navy in 2016.But Syngal has her work cut out for her when it comes to running the entire company. Gap Inc. named its Old Navy leader, Sonia Syngal, as chief executive officer as the apparel retailer looks to reverse falling foot traffic and sales while it pivots to a new strategy. Syngal is a natural choice for the job.

And working in Syngal’s favor, Old Navy remains a juggernaut; Athleta, a Lululemon Athletica competitor, is set to soon hit the $2 billion sales threshold; and Gap Inc.’s online businesses are enormous.“Sonia has all of the characteristics and experiences needed to effectively execute against the work ahead. (However, that figure will fall to 35 later in the spring with the previously announced departures of the CEOs of On her watch, Old Navy’s sales rose by $1 billion over a three-year period ending in early 2019. He also failed to reignite sales growth during his tenure, with the company posting multiple quarters of negative same-store sales, a closely watched metric for retailers.The attempt to spin off Old Navy highlighted Gap’s operational deficiencies and led to the abrupt change in strategy.“The work we’ve done to prepare for the spin shone a bright light on operational inefficiencies and areas for improvement,” Fisher said in a statement in January.Gap, which was founded in 1969 in San Francisco, owns its namesake brand, Old Navy, Banana Republic and athleisure brand Athleta.PMO explores common voter list for Lok Sabha, state and local pollsSanjay Dutt's lung cancer treatment continues in Mumbai, no plans to fly to the US: ReportDavid Warner, Aaron Finch, Matthew Wade find form before Australia warm-up washed outHow to share your screen with other participants on a Webex video call using a computer or mobile deviceAlmost 20,000 Cases of These Types of Noodles Have Been RecalledRecovery likely to be seen from Q3FY21: Jitendra Adhia, Atul AutoMajestic video of a tigress with her three cubs delights the Internet. Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune's Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Trump surprises military family with homecoming during speechরাজনীতি থেকে খেলা, বিনোদেন, লাইফস্টাইল, সব খবর বাংলায় And Syngal, an engineer by training, also oversaw the fast growth of Old Navy’s e-commerce, now a $1.6 billion business, as detailed in a Fortune profile of Syngal last summer. Old Navy chief executive Sonia Syngal gets to be a Fortune 500 CEO after all.Syngal becomes the 37th female CEO in the Fortune 500 when she takes the reins. She is an excellent operator who drives innovation and decisive action, and she leads with both vision and heart,” Bob Fisher, interim Gap Inc. CEO and chair of its board, said in a statement.Assignment on 'I Can't Breathe' Cartoon Causes Controversy in Texas SchoolHow to Stuff a Turkey the Right Way (for the Juiciest, Most Flavorful Result)

She inherits a business that has reported weakness across its three biggest divisions amid a broad change in how consumers shop for apparel. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Overcoming those shifts will be key if Gap has any hope to regain its past prominence.Pressure will be high for her to produce a turnaround strategy that resonates with investors. The stock has lost about a quarter of its value so far in 2020, continuing the broad slump that began in 2018.Syngal oversaw sustained growth at the Old Navy chain — but like Gap’s namesake brand, that expansion has evaporated in recent quarters. After stints running The Gap and Banana Republic’s European businesses, and then Old Navy’s international business early last decade, she became head of supply-chain and product operations for all of Gap Inc. in 2013. WatchFirst evidence of PLA casualty in Galwan Valley clash, photo of Chinese soldier's tombstone goes viralOrlando Bloom’s ex wife Miranda Kerr REACTS to his & Katy Perry’s baby newsThe F-Factor Diet Is Getting Major Backlash from Dietitians — But Is It Really Necessary?Skoda Rapid TSI Automatic likely to borrow interior details from Rapid Matte ConceptHow to record a Webex video meeting on any type of accountScott Disick CONFIRMS Khloe Kardashian & Tristan Thompson’s relationship; Says ‘Tristan is a lucky man’England vs Pakistan 2020: Rain Forces First T20I to be Abandoned, Tom Banton ImpressesCovid-19 vaccine tracker, Aug 28: Possibility of re-infection does not render vaccines uselessWhat Just One Weight-Lifting Session Can Do for DiabetesHow to find the right eating disorder treatment plan for you2020 Kawasaki Vulcan S BSVI middleweight cruiser launched at Rs 5.79 lakhBTS Video of Tenet will Leave You More Excited for Christopher Nolan's Film, Watch VideoMost US states reject Trump administration's new Covid-19 testing guidanceOn show with Anil Singhvi, Jay Thakkar picks Finolex, Bajaj Electricals, Bank of India as top 3 stocks to buyBen Stokes admits 'head wasn't in it' following father's cancer diagnosisMGM Resorts will lay off 18,000 of its furloughed employees starting next weekBlack People Need More Safe Spaces in Wellness, and This Form of Yoga Is Creating Just ThatAt Korea's 'death cafes,' you can lie in a coffin and write your own eulogy to get your priorities straightBMW G 310 R, G 310 GS BS6 official pre-bookings to start soonAnkita Lokhande crucifies ‘claustrophobia’ claim made by Rhea Chakraborty; shares Sushant’s video in Flight SimulatorParalysed US police shooting victim Jacob Blake released from handcuffs in hospital bedThe New Mutants review roundup: Maisie Williams’ X-Men film is dead on arrivalForeign banks that offer up to 5% interest on savings accounts5 Health Benefits of Honey, According to a NutritionistYou can make tie-dye Mickey Mouse shirts at home, and it's easier than you might think2020 Honda Hornet 2.0 launched in India: Everything to knowAnkita shares an old video of SSR to counter 'claustrophobia claims'Sadak 2 First Reviews are Out, Twitter Not Happy with Alia Bhatt’s FilmIPL MI Team Squad 2020: All-round Mumbai Indians a Force to Reckon WithIndia's economy destroyed by demonetisation, flawed gst, failed lockdown: Rahul reacts to Sitharaman's 'Act of God' remarkHow to Approach Exercise When You Have Hand Pain, According to a Physical Therapist2 moms posted images on Facebook of their children crying because they're so frustrated with remote learning, and other parents could relateRoyal Enfield Classic 500 Tribute Black Edition: Image GalleryAnkita Lokhande reacts to Rhea's India Today interview with Sushant's video: Is this claustrophobia?Hurricane Laura slams Louisiana, kills six, but less damage than forecastRhea Chakraborty's interview was an attempt to influence the accused & witnesses, claims NCBPMO explores common voter list for Lok Sabha, state and local pollsSanjay Dutt's lung cancer treatment continues in Mumbai, no plans to fly to the US: Report

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Most recently, Sonia led Old Navy from $7B to $8B in sales in just three years, expanding its North American presence to more than 1,200 stores, scaling its ecommerce site to the no. One of his last acts was to try to spin off Gap’s discount chain Old Navy from its other brands — an attempt that was ultimately scrapped. Thanks to consumers having so many choices, the once powerful Gap is a severely diminished brand without a clear place in the market. After roles in the auto and tech industries, Sonia Syngal has been president and CEO of Old Navy since 2016. And Banana Republic has struggled for years to update itself at a time people dress more casually both for work and going out.Still, those brands have their followings. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article Wall Street’s patience may be thin after Art Peck’s departure from the role of CEO in November. That set her up to take the reins at Old Navy in 2016.But Syngal has her work cut out for her when it comes to running the entire company. Gap Inc. named its Old Navy leader, Sonia Syngal, as chief executive officer as the apparel retailer looks to reverse falling foot traffic and sales while it pivots to a new strategy. Syngal is a natural choice for the job.

And working in Syngal’s favor, Old Navy remains a juggernaut; Athleta, a Lululemon Athletica competitor, is set to soon hit the $2 billion sales threshold; and Gap Inc.’s online businesses are enormous.“Sonia has all of the characteristics and experiences needed to effectively execute against the work ahead. (However, that figure will fall to 35 later in the spring with the previously announced departures of the CEOs of On her watch, Old Navy’s sales rose by $1 billion over a three-year period ending in early 2019. He also failed to reignite sales growth during his tenure, with the company posting multiple quarters of negative same-store sales, a closely watched metric for retailers.The attempt to spin off Old Navy highlighted Gap’s operational deficiencies and led to the abrupt change in strategy.“The work we’ve done to prepare for the spin shone a bright light on operational inefficiencies and areas for improvement,” Fisher said in a statement in January.Gap, which was founded in 1969 in San Francisco, owns its namesake brand, Old Navy, Banana Republic and athleisure brand Athleta.PMO explores common voter list for Lok Sabha, state and local pollsSanjay Dutt's lung cancer treatment continues in Mumbai, no plans to fly to the US: ReportDavid Warner, Aaron Finch, Matthew Wade find form before Australia warm-up washed outHow to share your screen with other participants on a Webex video call using a computer or mobile deviceAlmost 20,000 Cases of These Types of Noodles Have Been RecalledRecovery likely to be seen from Q3FY21: Jitendra Adhia, Atul AutoMajestic video of a tigress with her three cubs delights the Internet. Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune's Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Trump surprises military family with homecoming during speechরাজনীতি থেকে খেলা, বিনোদেন, লাইফস্টাইল, সব খবর বাংলায় And Syngal, an engineer by training, also oversaw the fast growth of Old Navy’s e-commerce, now a $1.6 billion business, as detailed in a Fortune profile of Syngal last summer. Old Navy chief executive Sonia Syngal gets to be a Fortune 500 CEO after all.Syngal becomes the 37th female CEO in the Fortune 500 when she takes the reins. She is an excellent operator who drives innovation and decisive action, and she leads with both vision and heart,” Bob Fisher, interim Gap Inc. CEO and chair of its board, said in a statement.Assignment on 'I Can't Breathe' Cartoon Causes Controversy in Texas SchoolHow to Stuff a Turkey the Right Way (for the Juiciest, Most Flavorful Result)

She inherits a business that has reported weakness across its three biggest divisions amid a broad change in how consumers shop for apparel. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Overcoming those shifts will be key if Gap has any hope to regain its past prominence.Pressure will be high for her to produce a turnaround strategy that resonates with investors. The stock has lost about a quarter of its value so far in 2020, continuing the broad slump that began in 2018.Syngal oversaw sustained growth at the Old Navy chain — but like Gap’s namesake brand, that expansion has evaporated in recent quarters. After stints running The Gap and Banana Republic’s European businesses, and then Old Navy’s international business early last decade, she became head of supply-chain and product operations for all of Gap Inc. in 2013. WatchFirst evidence of PLA casualty in Galwan Valley clash, photo of Chinese soldier's tombstone goes viralOrlando Bloom’s ex wife Miranda Kerr REACTS to his & Katy Perry’s baby newsThe F-Factor Diet Is Getting Major Backlash from Dietitians — But Is It Really Necessary?Skoda Rapid TSI Automatic likely to borrow interior details from Rapid Matte ConceptHow to record a Webex video meeting on any type of accountScott Disick CONFIRMS Khloe Kardashian & Tristan Thompson’s relationship; Says ‘Tristan is a lucky man’England vs Pakistan 2020: Rain Forces First T20I to be Abandoned, Tom Banton ImpressesCovid-19 vaccine tracker, Aug 28: Possibility of re-infection does not render vaccines uselessWhat Just One Weight-Lifting Session Can Do for DiabetesHow to find the right eating disorder treatment plan for you2020 Kawasaki Vulcan S BSVI middleweight cruiser launched at Rs 5.79 lakhBTS Video of Tenet will Leave You More Excited for Christopher Nolan's Film, Watch VideoMost US states reject Trump administration's new Covid-19 testing guidanceOn show with Anil Singhvi, Jay Thakkar picks Finolex, Bajaj Electricals, Bank of India as top 3 stocks to buyBen Stokes admits 'head wasn't in it' following father's cancer diagnosisMGM Resorts will lay off 18,000 of its furloughed employees starting next weekBlack People Need More Safe Spaces in Wellness, and This Form of Yoga Is Creating Just ThatAt Korea's 'death cafes,' you can lie in a coffin and write your own eulogy to get your priorities straightBMW G 310 R, G 310 GS BS6 official pre-bookings to start soonAnkita Lokhande crucifies ‘claustrophobia’ claim made by Rhea Chakraborty; shares Sushant’s video in Flight SimulatorParalysed US police shooting victim Jacob Blake released from handcuffs in hospital bedThe New Mutants review roundup: Maisie Williams’ X-Men film is dead on arrivalForeign banks that offer up to 5% interest on savings accounts5 Health Benefits of Honey, According to a NutritionistYou can make tie-dye Mickey Mouse shirts at home, and it's easier than you might think2020 Honda Hornet 2.0 launched in India: Everything to knowAnkita shares an old video of SSR to counter 'claustrophobia claims'Sadak 2 First Reviews are Out, Twitter Not Happy with Alia Bhatt’s FilmIPL MI Team Squad 2020: All-round Mumbai Indians a Force to Reckon WithIndia's economy destroyed by demonetisation, flawed gst, failed lockdown: Rahul reacts to Sitharaman's 'Act of God' remarkHow to Approach Exercise When You Have Hand Pain, According to a Physical Therapist2 moms posted images on Facebook of their children crying because they're so frustrated with remote learning, and other parents could relateRoyal Enfield Classic 500 Tribute Black Edition: Image GalleryAnkita Lokhande reacts to Rhea's India Today interview with Sushant's video: Is this claustrophobia?Hurricane Laura slams Louisiana, kills six, but less damage than forecastRhea Chakraborty's interview was an attempt to influence the accused & witnesses, claims NCBPMO explores common voter list for Lok Sabha, state and local pollsSanjay Dutt's lung cancer treatment continues in Mumbai, no plans to fly to the US: Report

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Posted on August 29, 2020

Gap Inc. named its Old Navy leader, Sonia Syngal, as chief executive officer as the apparel retailer looks to reverse falling foot traffic and sales while it pivots to a new strategy.Trump surprises military family with homecoming during speechTim Cook on Q1 2020 earnings: iPhone 11 remains top sellerPublic spending in rural areas can boost economic demand in India: RajanA list of stocks worth buying on a US-China trade deal revealedExpecting Saudi Aramco to hit $2 trillion valuation: Energy expertWe are trying to increase our non-oil revenue: Saudi finance minister5G won't be a high-end mobile feature in five years' time, says analystWhy this expert says Steve's firing is 'tragedy' for McDonald'sInfosys is still the 'poster boy' for corporate governanceExpecting a slowdown but not a recession, analyst saysTrade relations between the US and India are 'rocky': CSISSyngal, 49, will take over as of March 23, the company said in a statement. Old Navy chief Sonia Syngal named CEO of all of Gap Inc.Show full articles without "Continue Reading" button for {0} hours.

Most recently, Sonia led Old Navy from $7B to $8B in sales in just three years, expanding its North American presence to more than 1,200 stores, scaling its ecommerce site to the no. One of his last acts was to try to spin off Gap’s discount chain Old Navy from its other brands — an attempt that was ultimately scrapped. Thanks to consumers having so many choices, the once powerful Gap is a severely diminished brand without a clear place in the market. After roles in the auto and tech industries, Sonia Syngal has been president and CEO of Old Navy since 2016. And Banana Republic has struggled for years to update itself at a time people dress more casually both for work and going out.Still, those brands have their followings. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article Wall Street’s patience may be thin after Art Peck’s departure from the role of CEO in November. That set her up to take the reins at Old Navy in 2016.But Syngal has her work cut out for her when it comes to running the entire company. Gap Inc. named its Old Navy leader, Sonia Syngal, as chief executive officer as the apparel retailer looks to reverse falling foot traffic and sales while it pivots to a new strategy. Syngal is a natural choice for the job.

And working in Syngal’s favor, Old Navy remains a juggernaut; Athleta, a Lululemon Athletica competitor, is set to soon hit the $2 billion sales threshold; and Gap Inc.’s online businesses are enormous.“Sonia has all of the characteristics and experiences needed to effectively execute against the work ahead. (However, that figure will fall to 35 later in the spring with the previously announced departures of the CEOs of On her watch, Old Navy’s sales rose by $1 billion over a three-year period ending in early 2019. He also failed to reignite sales growth during his tenure, with the company posting multiple quarters of negative same-store sales, a closely watched metric for retailers.The attempt to spin off Old Navy highlighted Gap’s operational deficiencies and led to the abrupt change in strategy.“The work we’ve done to prepare for the spin shone a bright light on operational inefficiencies and areas for improvement,” Fisher said in a statement in January.Gap, which was founded in 1969 in San Francisco, owns its namesake brand, Old Navy, Banana Republic and athleisure brand Athleta.PMO explores common voter list for Lok Sabha, state and local pollsSanjay Dutt's lung cancer treatment continues in Mumbai, no plans to fly to the US: ReportDavid Warner, Aaron Finch, Matthew Wade find form before Australia warm-up washed outHow to share your screen with other participants on a Webex video call using a computer or mobile deviceAlmost 20,000 Cases of These Types of Noodles Have Been RecalledRecovery likely to be seen from Q3FY21: Jitendra Adhia, Atul AutoMajestic video of a tigress with her three cubs delights the Internet. Sonia Syngal, president and chief executive officer of Old Navy Inc., speaks during the Fortune's Most Powerful Women Summit in Washington, D.C., on Tuesday, Oct. 22, 2019. Trump surprises military family with homecoming during speechরাজনীতি থেকে খেলা, বিনোদেন, লাইফস্টাইল, সব খবর বাংলায় And Syngal, an engineer by training, also oversaw the fast growth of Old Navy’s e-commerce, now a $1.6 billion business, as detailed in a Fortune profile of Syngal last summer. Old Navy chief executive Sonia Syngal gets to be a Fortune 500 CEO after all.Syngal becomes the 37th female CEO in the Fortune 500 when she takes the reins. She is an excellent operator who drives innovation and decisive action, and she leads with both vision and heart,” Bob Fisher, interim Gap Inc. CEO and chair of its board, said in a statement.Assignment on 'I Can't Breathe' Cartoon Causes Controversy in Texas SchoolHow to Stuff a Turkey the Right Way (for the Juiciest, Most Flavorful Result)

She inherits a business that has reported weakness across its three biggest divisions amid a broad change in how consumers shop for apparel. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Overcoming those shifts will be key if Gap has any hope to regain its past prominence.Pressure will be high for her to produce a turnaround strategy that resonates with investors. The stock has lost about a quarter of its value so far in 2020, continuing the broad slump that began in 2018.Syngal oversaw sustained growth at the Old Navy chain — but like Gap’s namesake brand, that expansion has evaporated in recent quarters. After stints running The Gap and Banana Republic’s European businesses, and then Old Navy’s international business early last decade, she became head of supply-chain and product operations for all of Gap Inc. in 2013. WatchFirst evidence of PLA casualty in Galwan Valley clash, photo of Chinese soldier's tombstone goes viralOrlando Bloom’s ex wife Miranda Kerr REACTS to his & Katy Perry’s baby newsThe F-Factor Diet Is Getting Major Backlash from Dietitians — But Is It Really Necessary?Skoda Rapid TSI Automatic likely to borrow interior details from Rapid Matte ConceptHow to record a Webex video meeting on any type of accountScott Disick CONFIRMS Khloe Kardashian & Tristan Thompson’s relationship; Says ‘Tristan is a lucky man’England vs Pakistan 2020: Rain Forces First T20I to be Abandoned, Tom Banton ImpressesCovid-19 vaccine tracker, Aug 28: Possibility of re-infection does not render vaccines uselessWhat Just One Weight-Lifting Session Can Do for DiabetesHow to find the right eating disorder treatment plan for you2020 Kawasaki Vulcan S BSVI middleweight cruiser launched at Rs 5.79 lakhBTS Video of Tenet will Leave You More Excited for Christopher Nolan's Film, Watch VideoMost US states reject Trump administration's new Covid-19 testing guidanceOn show with Anil Singhvi, Jay Thakkar picks Finolex, Bajaj Electricals, Bank of India as top 3 stocks to buyBen Stokes admits 'head wasn't in it' following father's cancer diagnosisMGM Resorts will lay off 18,000 of its furloughed employees starting next weekBlack People Need More Safe Spaces in Wellness, and This Form of Yoga Is Creating Just ThatAt Korea's 'death cafes,' you can lie in a coffin and write your own eulogy to get your priorities straightBMW G 310 R, G 310 GS BS6 official pre-bookings to start soonAnkita Lokhande crucifies ‘claustrophobia’ claim made by Rhea Chakraborty; shares Sushant’s video in Flight SimulatorParalysed US police shooting victim Jacob Blake released from handcuffs in hospital bedThe New Mutants review roundup: Maisie Williams’ X-Men film is dead on arrivalForeign banks that offer up to 5% interest on savings accounts5 Health Benefits of Honey, According to a NutritionistYou can make tie-dye Mickey Mouse shirts at home, and it's easier than you might think2020 Honda Hornet 2.0 launched in India: Everything to knowAnkita shares an old video of SSR to counter 'claustrophobia claims'Sadak 2 First Reviews are Out, Twitter Not Happy with Alia Bhatt’s FilmIPL MI Team Squad 2020: All-round Mumbai Indians a Force to Reckon WithIndia's economy destroyed by demonetisation, flawed gst, failed lockdown: Rahul reacts to Sitharaman's 'Act of God' remarkHow to Approach Exercise When You Have Hand Pain, According to a Physical Therapist2 moms posted images on Facebook of their children crying because they're so frustrated with remote learning, and other parents could relateRoyal Enfield Classic 500 Tribute Black Edition: Image GalleryAnkita Lokhande reacts to Rhea's India Today interview with Sushant's video: Is this claustrophobia?Hurricane Laura slams Louisiana, kills six, but less damage than forecastRhea Chakraborty's interview was an attempt to influence the accused & witnesses, claims NCBPMO explores common voter list for Lok Sabha, state and local pollsSanjay Dutt's lung cancer treatment continues in Mumbai, no plans to fly to the US: Report

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