It was the summer of 1969 when Doris and Don Fisher opened the first Gap store in Ocean Ave. San Francisco, Calif. Since then, now Gap Inc. operates more than 3,100 stores worldwide and employs over 150,000 people worldwide. They have stores throughout the United States, as well as in Canada, the United Kingdom, France, Ireland, and Japan. The headquarter offices are based in the San Francisco Bay Area and their product design offices are located primarily in NYC, San Francisco and London. They also have offices around the globe to support their store management, distribution and product manufacturing operations.
Paul Pressler is president and CEO of Gap Inc., and Don Fisher is Chairman of the board. Don Fisher said," I created Gap with a simple idea: to make it easier to find a pair of jeans, we remain committed to that basic principle". Paul Pressler said," everyday we look for new ways to connect with customers around the world, provide value to our shareholders and make a positive contribution in the communities where we do business". Today, Gap Inc. is one of the world's largest specialty retailers, with more than 3,100 stores and fiscal 2005 revenues of $16 billion dollars. They operate 5 of the most recognized apparel brands in the world. Gap, Banana Republic, Old Navy, Forth & Towne and Piperlime.
In 1970 Gap's second store opens in San Jose, Calif. And sales reach $2 million. In 1977 the Gap Foundation is founded and launched. Gap Foundation is the charitable arm of Gap Inc. and supports community organizations where we live and do business around the world. The Foundation was initially established as an outgrowth of the philanthropic work of the Fisher family, and over the past twenty - seven ...