Retail in Asia

In People

Gap brand president Marka Hansen to leave

Marka Hansen – president of Gap Inc.’s namesake US division – is leaving the apparel retailer this week following a choppy sales year and disappointing holiday season.

Hansen – a 24-year veteran of Gap, which also includes Old Navy and Banana Republic – has been in the position for four years. She is the third person to lead the brand in the past nine years. Gap plans this week to name a successor from within the company.