Wisdom From The Top with Guy Raz cover image

Gap: Mickey Drexler

Wisdom From The Top with Guy Raz

CHAPTER

GAP's Management Losses a Point of View

GAP is one of many companies that are in the same position today, says former CEO Ralph Lauren. "I can give you five to 10 companies today that are in a similar position GAP was in," he adds. The company's earnings have gone down by about 50 percent since it went into receivership last year; its stock price has fallen more than 20%.

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