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November 21st, 2012 @ 00:56 AM
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November 02nd, 2012 @ 00:28 AM
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November 01st, 2012 @ 00:36 AM
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October 16th, 2012 @ 00:18 AM
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September 21st, 2012 @ 8:12 PM
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September 05th, 2012 @ 7:10 PM
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June 13th, 2012 @ 11:04 AM
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June 13th, 2012 @ 00:48 AM
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June 06th, 2012 @ 00:18 AM
Armani Conquers China, Chastises the Pope
June 01st, 2012 @ 11:53 AM
Donald Fisher, Co-Founder of Gap Inc., Dies at 81
September 28th, 2009 @ 2:30 PM - New York
Donald G. Fisher, co-founder of Gap Inc., died Sunday, Sept. 27, in San Francisco at the age of 81 after battling cancer.
A third-generation San Fransiscan, Fisher founded his first store with his wife, Doris, in San Francisco forty years ago last month on Aug. 21, 1969. With $63,000 and a mission to provide customers with a large array of sizes and styles of jeans, they called the store The Gap - named for “the generation gap” - setting out to solve a problem inspired by their own experience of not being able to find a well-fitting pair of jeans.
In August 2009, the company launched a premium jeans collection, called 1969, in homage to the company's heritage and 40th anniversary with a newly revised and expanded range of denim offerings.
Gap Inc. went on to expand as a multi-national retail chain with more than 3,100 stores in the United States, the United Kingdom, Canada, France, Japan and Ireland, with a company roster that includes not only Gap, but Banana Republic, Old Navy, Piperlime and Athleta.
“Today we lost a friend, a mentor and a great visionary,” said Glenn Murphy, CEO and chairman of the board of Gap Inc., in a statement. “Don and Doris took a simple idea and turned it into a brand recognized as a cultural icon throughout the world and changed the face of retail forever. We will miss him deeply, and our thoughts and prayers are with Doris and the entire Fisher family during this time.”
In addition to serving as Gap Inc. chairman and chief executive officer from 1969 through 1995 and as chairman of the board until 2004, Fisher was an active philanthropist. In 1977, Fisher and his wife Doris started the Gap Foundation, supporting nonprofit organizations focused on helping underserved youth in developed countries and women in developing countries acquire job and life skills. Fisher also served on the board of trustees of the San Francisco Museum of Art, which will be the eventual home of the Fisher’s extensive private collection of contemporary art.
Also committed to education, the Fishers also contributed $100 million in financial support of the KIPP Foundation, a network of free, open-enrollment, college prep public schools and Teach for America, which serves students in low-income communities.
Bob Fisher, his son, will continue to serve on Gap Inc.’s board of directors as a 30 year veteran of the company, and his wife Doris is an honorary lifetime member of the board.
Fisher is survived by his sons and their wives, Bill and Sako, John and Laura and Bob and Randi, ten grandchildren and two brothers and their wives, Jim and Diane Fisher and Bob and Ann Fisher.