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In this article GPS Follow your favorite stocks CREATE FREE ACCOUNTA general view of an Old Navy store. Sales at Old Navy grew 6% to $2.29 billion, and Gap's overall gross margin surged 5.3 percentage points to 38.9% thanks to fewer markdowns and lower input costs. The extra week contributed about four percentage points of growth during the fiscal fourth quarter, the company said. Last month, Gap announced it had tapped fashion designer Zac Posen to be its creative director and Old Navy's chief creative officer. "His role as chief creative officer at Old Navy is really to harmonize, orchestrate and dial up the storytelling across product and marketing."
Persons: Richard Dickson, We're, Dickson, It's, he's, Zac Posen, isn't, He'll, they've, Eric Chan, Amy Thompson, Mattel's Organizations: Old Navy, Inc, Navy, LSEG, CNBC, Mattel, LA Clippers Locations: Posen
OLNEY, England (AP) — Women in matching checkered aprons, headscarves and a rainbow of running shoes limbered up Tuesday as they prepared for the centuries-old pancake race in this English country town. The race is held the day before the start of Lent, the Christian period of repentance and sacrifice before Easter. “You just have to go flat out and then hope that you’re not gonna fall over. … But it’s good fun.”Thousands of miles away later in the day, women in the town of Liberal, Kansas, prepared to take on Olney in their own race. Two Kansas sisters who competed in Liberal since they were children traveled to Olney this year to see where it all began.
Persons: , skillet, Easter, Gras, , Kaisa Larkas, Eloise Kramer, Kansas, “ We’ve, Amy Thompson, ___ Melley Organizations: Liberal Locations: OLNEY, England, Olney, United States, Kansas, Liberal , Kansas, London
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