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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
After Gap 's earnings report topped Wall Street's expectations on Thursday, CEO Richard Dickson told CNBC's Jim Cramer how his company is managing to turn its business around. "We've been reigniting this brand and drawing on what the brand was so special in the first place, really taking on trend products and amplifying it in new ways that only Gap can," he said. "We're using music, we're using fashion as entertainment, and we're taking basic product—linen, denim, wovens, pants—and we're amplifying the narrative around these categories and driving share growth." In addition to its namesake brand, Gap owns brands including Old Navy, Banana Republic and Athleta. "Zac's creative expertise, his cultural clarity, it's consistently evolved American fashion," Dickson said.
Persons: Richard Dickson, CNBC's Jim Cramer, We've, Dickson, he's, Mattel's Barbie, Zac Posen, Richard Dickson's Organizations: Mattel, Old Navy, Banana, Navy Locations: Banana Republic
Old Hollywood Glamour at the Gap?
  + stars: | 2024-02-09 | by ( Ruth La Ferla | ) www.nytimes.com   time to read: +1 min
On Monday Mr. Posen, 43, whose namesake brand ceased operations in 2019, was announced as the new creative director of Gap Inc. and the new chief creative officer of Old Navy. The designer known for pieces that evoke Golden Age Hollywood will “serve as cultural curator and creative partner,” Richard Dickson, the president and chief executive of Gap Inc., said in a news release. Nor is he the first star talent to be awarded a fancy title at Gap. Predecessors have included Patrick Robinson, who after a four-year stint was dismissed in 2011 and, more controversially, Ye, the rapper formerly known as Kanye West, whose Yeezy Gap partnership ended amid a scandal in 2022. And yet, the company still seems willing to bank on a “name” to help burnish its image.
Persons: Zac Posen, ” Richard Dickson, Posen’s, Patrick Robinson, Ye, West Organizations: Mr, Gap Inc, Old Navy, Target Locations: Posen
NEW YORK (AP) — Executive producer Ryan Murphy is known for creating vivid TV worlds where high drama feels completely normal. Costume designer and producer Lou Eyrich has helped him bring these worlds alive, and their latest collaboration, “Feud: Capote vs. Eyrich said Watts, who plays Babe Paley, “got hit the hardest” as the main character besides Capote. While the real Paley wore a designer dress with a fur coat to the ball, Posen made adjustments. “She took everybody’s notes really to heart and she really wanted it to be collaborative.
Persons: Ryan Murphy, Lou Eyrich, , Truman Capote, Babe Paley, C.Z, Lee Radziwill, ” Tom Hollander, Capote, cavorting, Naomi Watts, Diane Lane, Demi Moore, Chloe Sevigny, Molly Ringwald, Laurence Leamer, Watts, Eyrich, , ” Watts, Hulu —, Murphy, “ Ryan, ” Eyrich, Erich, Babe, Gucci loafers, Zac Posen, Posen, ” Posen, Jim Henson, Fellini, Zeffirelli, Paley, it’s, Van Cleef, Cartier, Verdura, I’m, ” Moore, Ringwald, , ” Ringwald, “ I’m, ” Sevigny, Eyrich’s Organizations: , Manhattan, AP, Hulu, American Locations: New York, turtlenecks, Givenchy
The latest episode of Ryan Murphy’s new series, “Feud: Capote vs. the Swans,” recreates Truman Capote’s famous Black and White Ball, held at the Plaza Hotel in New York City in 1966. The event, which honored Katharine Graham, the former publisher of the Washington Post, was a coveted invite. And the guests, who included Mia Farrow and Frank Sinatra, were, according to The New York Times, “as spectacular a group as has ever been assembled for a private party in New York.”The series depicts the ball through imaginary footage shot by the Maysles brothers, the documentary team. It suggests a cattier side to the bash, with humiliated party crashers, scorned ex-wives and an inebriated host. Ahead of the third episode, members of the Styles desk discussed the gowns at the ball, designed by Zac Posen; the hair; and what made the party so good.
Persons: Ryan Murphy’s, , Truman Capote’s, Katharine Graham, Mia Farrow, Frank Sinatra, crashers, Zac Posen Organizations: Swans, Washington Post, The New York Times Locations: New York City, New York
NEW YORK (AP) — Gap Inc. has tapped American fashion designer Zac Posen as the chain's creative director. Dickson had previously been president of toy giant Mattel and was responsible for re-energizing its Barbie and Hot Wheels lines. Gap also operates stores under Athleta and Banana Republic, Old Navy and its namesake brand. Photos You Should See View All 45 ImagesHe'll be executive vice president at Gap Inc. and also chief creative officer for the lower-priced Old Navy chain. Posen will work closely with Haio Barbeito, Old Navy’s president and CEO, reporting directly to him, the company said.
Persons: Zac Posen, Richard Dickson, Dickson, ” Posen, Katie Holmes, Rihanna, Haio Barbeito Organizations: San, Mattel, Navy, , Gap Inc Locations: San Francisco, Banana Republic, Posen
Taylor Hill/FilmMagic/Getty Images Hari Nef arrived in hot-off-the-runway JW Anderson. Taylor Hill/FilmMagic/Getty Images Molly Ringwald stepped out in a scarlet red Zac Posen number. Taylor Hill/FilmMagic/Getty Images Jenna Lyons opted for a classic back suit with a fitted waist. Taylor Hill/FilmMagic/Getty ImagesSerena Williams, who became the first athlete to be honored as a CFDA Fashion Icon, similarly opted for an all-American designer. Taylor Hill/FilmMagic/Getty ImagesKim Kardashian and Law Roach, meanwhile, broke from the ranks and chose to amplify smaller US designers in two equally eye-catching looks.
Persons: Willy Chavarria, Catherine Holstein —, , Olsen, Anne Hathaway, Dimitrios Kambouris, Demi Moore, Carolina Herrera sequined, Taylor, Devon Lee Carlson, Jeremy O, Harris, Chloe Sevigny, Gwyneth Paltrow, Hari Nef, Molly Ringwald, Zac Posen, Jenna Lyons, Greta Lee, Emma Chamberlain, Thom Browne, Ashley Graham, Anne, Ralph Lauren’s, jean, Britney Spears, it’s, Ralph Lauren, Vanessa Hudgens, Vera Wang, Anne Hathaway's, Serena Williams, Williams, Thom Browne —, , ” Williams, Hudgens, Wang, Wang —, Kim Kardashian, Law Roach, Roach Organizations: CNN, of Fashion Designers of America, American Museum of, Getty, Anderson, Housewives, New York, U.S ., York Locations: New York City, New York, Carolina, Los Angeles, Brooklyn
“He’s such a technician and this classicist and also contemporary and free — he’s an investigator, you know?” Whelan said. He is engaged to the fashion designer Zac Posen, whom he met at City Ballet and became close with during the pandemic. Much of his life has been erratic and wild, fueled, in part, by drug and alcohol addiction. He started ballet training at 4 with the now-defunct Charleston Ballet Theater in South Carolina and performed as a child. “It was a really weird situation,” Vera Ball, his mother, said, “but, yeah, that’s what we had to do.”
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