| Business Summary | | The
Gap,
Inc.
is
a
global
specialty
retailer
that
operates
stores
selling
casual
apparel,
personal
care
and
other
accessories
for
men,
women
and
children
under
the
Gap,
Banana
Republic
and
Old
Navy
brands.
As
of
March
3,
2001,
the
Company
operated
3,740
stores
in
the
United
States,
Canada,
the
United
Kingdom,
France,
Germany
and
Japan.
The
Company
designs
virtually
all
of
its
products,
which
in
turn
are
manufactured
by
independent
sources,
and
sells
them
under
its
brands
in
the
store
formats,
which
include
Gap,
Banana
Republic
and
Old
Navy. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | The
Gap,
Inc.
is
a
global
specialty
retailer
which
operates
stores
selling
casual
apparel,
personal
care
and
other
accessories
for
men,
women
and
children.
GPS's
brands
include
Gap,
Banana
Republic
and
Old
Navy.
For
the
26
weeks
ended
8/4/01,
net
sales
rose
13%
to
$6.42
billion.
Net
income
fell
51%
to
$205.2
million.
Revenues
reflect
increased
retail
selling
space
and
expansion
of
existing
stores.
Earnings
were
offset
by
increased
merchandise
sold
at
markdown. | More
from
Market Guide: Significant
Developments |
| | | | FY2001
Compensation | | Pay | Exer | |
| Donald Fisher, 72 Chairman | -- | -- | Millard Drexler, 56 Pres,
CEO | $5.7M | $10.0M | John Lillie, 64 Vice
Chairman | -- | -- | Gary Muto Pres
of Banana Republic | -- | -- | Heidi Kunz, 46 Exec.
VP and CFO | -- | -- | Dollar
amounts are as of 3-Feb-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|