Get an update on Gap Inc.’s strategic growth plan and value creation drivers shared at its Investor Meeting on Oct. 22, 2020.
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Gap Inc. unveiled its Power Plan 2023, to deliver consistent sales growth, margin expansion and strong operating cash flow. CEO Sonia Syngal and members of Gap Inc.’s senior leadership team outlined the company’s three-year strategic growth plan, leveraging:
The company’s four purpose-driven, billion-dollar lifestyle brands, Old Navy, Gap, Banana Republic and Athleta, each stand for something and deliver a distinct point of view through relevant product, creative and customer experiences.
Through targeted customer segmentation work, Gap Inc. brands, collectively can reach almost 80% of the addressable market in the U.S. across all ages, sizes and demographics.
Further, the company will leverage its powerful platform to deliver competitive omni capabilities to meet customers’ needs, all fueled by its scaled operations.
Syngal concluded her remarks by highlighting Gap Inc.'s achievements to date and ongoing commitment to Environmental, Social and Governance (ESG) performance. The company also released its latest Global Sustainability Report.
INVESTOR MEETING RECAP
Introduction + Power Plan 2023
Sonia Syngal, Chief Executive Officer, Gap Inc.
Power of Our Brands
Nancy Green, President and CEO, Old Navy
Mark Breitbard, President and CEO, Gap Brand
Mark Breitbard, Representing Banana Republic
Mary Beth Laughton, President and CEO, Athleta
Power of Our Platform
John Strain, Chief Digital and Technology Officer
Shawn Curran, Chief Operating Officer
Creating Shareholder Value
Katrina O'Connell, Chief Financial Officer
Bobby Martin, Executive Chairman
Environmental, Social & Governance + Closing Remarks
Gap Inc. Leadership Team
December 1, 2020
November 30, 2020
November 24, 2020