Don Fisher, founder of Gap, dies at 81
In San Francisco, Don Fisher has lost his battle with cancer at the age of 81.
In 1969, Fisher and his wife, Doris opened the first Gap store on Ocean Ave. in San Francisco, Ca. The inspiration for the store: Don couldn't find a pair of jeans that fit. So he and Doris invested $63,000 and hired football players from UC Berkeley as their first salespeople. The brand became popular, and the rest is history.
The Gap brand now includes The Gap, Gap Outlet, Gap Kids, Baby Gap, Gap Body, Gap Generation, Banana Republic, Old Navy, Piperlime, & Athleta. Their brands are worldwide and they employ more than 134,000 employees and had sales last year of $14.5 Billion.
Though Mr. Fisher had resigned as chief executive in 1994, and as chairman in 2004, he stayed on as a director until his death. He is survived by his wife, Doris, 3 sons, 10 grandchildren and 2 brothers.
In 1969, Fisher and his wife, Doris opened the first Gap store on Ocean Ave. in San Francisco, Ca. The inspiration for the store: Don couldn't find a pair of jeans that fit. So he and Doris invested $63,000 and hired football players from UC Berkeley as their first salespeople. The brand became popular, and the rest is history.
The Gap brand now includes The Gap, Gap Outlet, Gap Kids, Baby Gap, Gap Body, Gap Generation, Banana Republic, Old Navy, Piperlime, & Athleta. Their brands are worldwide and they employ more than 134,000 employees and had sales last year of $14.5 Billion.
Though Mr. Fisher had resigned as chief executive in 1994, and as chairman in 2004, he stayed on as a director until his death. He is survived by his wife, Doris, 3 sons, 10 grandchildren and 2 brothers.
Photo courtesty of gapinc.com
posted by FMC at
7:44 AM
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