Life & Style

NEW YORK (AP) — Gap Inc. is splitting into two. The retailer said Thursday that it’s creating two independent publicly traded companies — low-priced Old Navy and a yet-to-be named company, which will consist of the iconic Gap brand, Athleta, Banana Republic, Intermix and Hill City. The San Francisco-based company said the spin-off will enable […]

Life & Style

NEW YORK (AP) — Ralph Lauren is handing off his title as CEO of the fashion and home decor empire that he founded nearly 50 years ago. The New York-based company announced Tuesday that Stefan Larsson, the global president of Gap’s thriving low-price Old Navy chain, will take on the role. The change will be […]