Stephen Sunnucks' role at Gap extended
According to a report published on the Internet portal, retail-week.com, Gap has extended the responsibilities of European president Stephen Sunnucks naming him now president of both Europe and international strategic alliances. He will, therefore, be overseeing joint ventures and franchise agreements that Gap undertakes in Europe in the future.
In the report, a Gap spokeswoman is quoted as saying that the company now
sees a “significant advance for franchising in Europe”. The company is, the
report continues, intending to concentrate on opening new franchises in Europe
for both Gap and Banana Republic. (kbp)