The Success Story of Gap
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The name of this brand is familiar not only to seasoned fashionistas but practically to everyone who chooses stylish and comfortable clothing. Pajamas, jeans, and caps boldly display the "GAP" logo, but few have stopped to think about the story behind this clothing brand. Who founded this successful brand, what is the concept behind this style, and why does GAP have so many fans? Let's dive into it right now.
Architect Turned Jeans Enthusiast
The founder of the GAP brand is Donald Fisher. He was an architect by profession, with experience in building houses, renovating, and outfitting hotels. What led him to a clothing business? Many claim it all started with jeans.
Yes, the story of Fisher not finding the right size jeans in a store and deciding to create his own shop is quite common. But not everyone created a brand like GAP like Donald Fisher did.
So, it's not just about the jeans but also about an inherent love for victory and progress. Fisher's first taste of competitive success was in swimming competitions, where he emerged victorious. Later, Fisher admitted that this principle was the key driver behind starting his business. The ill-fitting jeans pushed him to show the world that a store under his leadership would outshine the rest.
Generational Struggle
"Generation Gap" was the original name of Donald Fisher and his companion, friend, and wife Doris' store, who dropped the first word, leaving it simple and memorable as "Gap."
The meaning behind the name remained the same: "generational struggle." What exactly the Fishers meant by this slogan is hard to say now. But it likely signified pushing forward a new generation of fashion and style combined with comfort.
It's hard to imagine modern life without our favorite jeans. However, when GAP was just starting out, denim was primarily seen as fabric for making workwear. The first thing GAP deserves credit for is elevating denim to stylish and versatile in most cases pants. In fact, these pants became the first items in the Fisher's store, accompanied by music records to keep customers entertained.
The GAP store sold products from Levi Strauss & Co., which set prices independently, preventing larger retail centers from hindering the growth of small shops. This played a key role in GAP's success. Donald and Doris Fisher opened a chain of stores in the United States and Europe. However, their brand and themselves were soon to face challenges and setbacks.
Challenges Leading to New Success
1976 brought many troubles to the company. After 26 months of successful operation, GAP began to experience declining revenue. By 1992, Levi Strauss & Co., disappointed with GAP's failures, refused to supply goods to the shop. But Donald Fisher remained hopeful for better days and brought in experienced retailer Millard Drexler (affectionately called Mickey by all) who promptly removed non-GAP items from the store, igniting the promotion of clothing with new designs and preventing other companies from stealing the Fisher's success.
Thus, the design department for everyone who values comfort was born. Drexler also insisted on simplifying the store's interior. And things started looking up again. So much so that new lines were launched for affluent individuals, infants, a shoe line, and an online store. By 2000, sales volume surged to $14.5 billion, but Donald Fisher made a mistake again.
Disappointing Style Shift
By 2000, Fisher decided to align GAP's clothing design with a youth-oriented style. Narrow jeans, short skirts, and fitted tops started filling the racks. Customers of the stores were puzzled and disenchanted by the new collections. Sales declined over 29 challenging months for the company. Millard Drexler was credited with the brand's success, and jealousy played a bitter trick on the company's owner. He fired his best employee, friend, and inspiration. Paul Pressler took his place, focusing not on the brand's appearance but on the numbers associated with it.
He developed a computer program to track revenues, streamlined supply chains, and even proposed a new line concept. Now, alongside the Banana Republic, Old Navy, and Gap lines, emerged the Forth & Towne clothing line, with Sarah Jessica Parker as its face.
Thanks to Pressler, GAP became a profitable business again, though not as popular or cutting-edge. Whether a new talented manager will emerge to restore its former glory remains unknown. Perhaps GAP will reintroduce footwear and achieve success in that area, similar to New Balance.
In any case, comfortable, quality, and stylish items from GAP will continue to delight shoppers worldwide for a long time. And you would make us very happy if you shared this article on social media.
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