Macro Finance
Gap Up on Leadership Shift; Shein's Market Debut | Stock Movers
Bloomberg Markets·September 1, 2026·1 min read
Gap shares jumped after naming a retail industry veteran to head Old Navy, with profit outpacing estimates, offsetting a sales decline and lower guidance. Apple's Tim Cook handed over reins to John Ternus. Shein's market debut faces challenges from tariffs and competition.
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