- Jan 9, 2004
Don't bet your bippy on that. How many US businesses have come here and fallen flat on their faces?
There are probably at least a dozen that have come and gone fairly quickly…….many in the food space.
It appears GAP which owns Old Navy is counting on the brand to save the company……as they are on the bubble and in not very good financial shape.
It certainly does not help that the CEO of Old Navy recently abruptly resigned…….usually a signal things are not going well.