Gap CEO Murphy to Be Succeeded by President Art Peck

The video discusses the leadership transition at Gap, with Art Peck taking charge. Peck, who has been with the company since 2002, is well-regarded in the industry. Under his leadership, Gap's shares have risen significantly, outperforming the S&P 500. However, recent performance has been mixed, with unchanged comp sales in September and a slight decline globally. The video also breaks down sales performance by brand, noting a decrease in Gap's namesake brand and slight increases in Banana Republic and Old Navy sales.

Who is the new guy in charge at Gap?

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Since when has Art Peck been with the company?

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What percentage increase in shares has Gap seen during Art Peck's tenure?

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What was the performance of Gap's comp sales in September?

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What factors contributed to the performance issues at Gap?

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