Gap CEO Art Peck Coming in With Right Tools: Wachs

The Gap reported disappointing financial results and announced management changes, including the transition of CEO Glenn Murphy to Art Peck. Peck faces challenges as the stock hits a three-year low, but he brings extensive experience. New leaders Jeff Kerwin and Andy Owen are introduced for Gap and Banana Republic. The company faces product challenges, with new designs from H&M not meeting expectations, but hopes for improvement in future collections.

What challenges does Art Peck face as he takes over the role?

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What was the anticipation surrounding the new designers brought in from H&M?

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