Gap today announced the appointment of Deb Redmond and Michele Parsons as well as the engagement of Reed Krakoff and John Demsey to guide the strategic expansion of Beauty and Accessories, building on the momentum generated over the past two years of transformation as Gap Inc. advances its vision of becoming a high-performing house of iconic American brands that shape culture and drive sustainable long-term value.
Beauty and Accessories will serve as two new high-potential business categories for the company, extending the reach of its brands and their ability to deepen connections with customers.
"Building on the renewed strength of our iconic brands, we are setting the stage for Gap Inc. to accelerate long-term value creation and connect with our customers in meaningful and culturally relevant ways. With the support of best-in-class industry leaders and their unparalleled expertise to guide and advise our Beauty and Accessories businesses, we're well poised to not only expand our product offerings but establish these categories as promising growth engines for our portfolio. I couldn't be more excited about the journey ahead and the exceptional talent who will help guide the way," said Gap Inc. President & CEO Richard Di-kson.