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Gaps (GPS -3.6%) selects Ivan Wicksteed to be its new global chief marketing officer, tasking...

Gaps (GPS -3.6%) selects Ivan Wicksteed to be its new global chief marketing officer, tasking the exec to find a fresh identity for brands starting to show their age. Despite the retailer upping its guidance based on a strong start to the quarter, nagging inventory issues seem to be holding back shares.
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