US clothing retailer Gap has today confirmed that it is combining all of its international operations into one division run out of London.
The new department, run by Stephen Sunnucks, will combine the retailer’s company-operated and franchise stores across Europe, the Middle East, north Africa, Asia Pacific and South America.
Sunnucks has over 30 years of retail experience and will now take charge of its 530-strong store network in 30 countries outside of North America.
“Our successful openings in China and Italy have given us further evidence that we have a strong game plan for entering and expanding into international markets through a unique combination of online, specialty retail, outlet and franchise stores,” said Glenn Murphy, Chairman and CEO of Gap.
“Bringing our four international business units under the leadership of a proven global retail executive like Stephen Sunnucks allows us to leverage resources, operate consistently, and grow the business at an accelerated rate.”
Gap recently announced that it will be extending its presence in the UK with a new store at the Buchanan Street retail development in Glasgow.
After joining Gap five years ago, Sunnucks has led the growth of the retailer’s Banana Republic and own name brand in Europe along with overseeing the company’s expanding franchise operation.
Sunnucks added: “As we’ve expanded into new countries and introduced additional brands from our portfolio, our distinctively American aesthetic has resonated very well, everywhere from Milan to Shanghai to Sydney.
“We have the flexibility to adapt our formats for each market so that we can gain a larger share of the $1.4 trillion (£856 billion) global apparel retail market.”
As part of the re-organisation John Ermatinger, currently President of Gap in Asia Pacific, will take on the newly created role of heading up the group’s Old Navy brand internationally