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

|By:, SA News Editor

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.