Good Bad Billionaire

Doris Fisher: Don’t mind The Gap

20 snips
Nov 25, 2024
Explore the rise of Doris Fisher, co-founder of The Gap, as she reshaped fashion with iconic basics like the pocket t-shirt. From the Summer of Love to dominating the '90s, hear about the challenges and triumphs of a brand that bridged generations. Discover the rollercoaster of their IPO journey, marked by controversies and strategic shifts. Delve into the complexities of wealth, philanthropy, and labor practices in fashion, while reflecting on Doris's enduring legacy and the broader cultural impact of her entrepreneurial spirit.
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ANECDOTE

The Gap Origin Story

  • Don Fisher, while leasing hotel space to a Levi's salesman, realized the difficulty of finding well-fitting jeans.
  • This sparked the idea for a store offering every Levi's style and size.
ANECDOTE

Equal Partners

  • In 1969, Don and Doris Fisher opened their first store, investing $63,000 equally.
  • Doris suggested the name "The Gap," inspired by the generation gap.
INSIGHT

Targeting the Generation Gap

  • The Gap targeted the youth counterculture of the 60s, differentiating itself from older generations.
  • This focus contributed to their early success and innovation in specialty retail.
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