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Article: ANALYSTS QUESTION PRESSLER'S LEADERSHIP.(Paul Pressler of Gap Inc.)
- Article from:
- WWD
- Article date:
- October 20, 2005
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Byline: Meredith Derby
NEW YORK -- Two recent research reports took a bearish turn on Gap Inc. by questioning the leadership skills of the retailer's president and chief executive officer, Paul Pressler.
One of the reports also suggested a solution for Gap's softening sales would be to break it up. Two other analysts, however, maintained a more bullish outlook on the retailer, with one describing the negativity swirling around Gap as overstated.
In a research note earlier this month, analysts from Jennifer Black & Associates said Gap "may be on the cusp of a leadership change." The analysts also said they are not "ruling out the potential ...