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'You barely knew what we were actually selling': Gap CEO Richard Dickson on the brand's heavy discount strategy - TL;DR CNBC

'You barely knew what we were actually selling': Gap CEO Richard Dickson on the brand's heavy discount strategy

Publishing timestamp: 2023-12-01 01:19:01


Summary

Gap's new CEO, Richard Dickson, spoke about the company's past struggles and the need for a clearer message to consumers. He discussed his success in turning around Mattel's Barbie brand and emphasized the importance of differentiating Gap's brands. The article also mentions Gap's recent earnings and the CEO's plans to revive the company's cultural conversation and take creative risks.


Sentiment: MIXED

Tickers: GPSMAT

Keywords: apparel retailentertainmentrichard dicksonbusiness newsretail industryfashionmoviesgap incmattel incbreaking news: business

Source: https://www.cnbc.com/2023/12/01/gap-ceo-richard-dickson-you-barely-knew-what-we-were-actually-selling.html


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