Gap Inc. has tapped top industry talent to develop accessories and beauty into “promising growth engines” across the retailer’s portfolio of brands.
Reed Krakoff , of Coach and Tiffany fame and currently with John Hardy and L Catterton, and John Demsey , the former Estee Lauder executive, have become Gap Inc. executive directors of accessories and beauty, respectfully, essentially hired as advisers for strategic guidance and for their decades of experience building businesses.
In addition, Deb Redmond, formerly with Nordstrom, has been named Gap Inc. general manager of beauty, and Michele Parsons, formerly with Kate Spade and Coach (where she worked with Krakoff) has been named Gap Inc. general manager of accessories. Both positions are new, and geared “to advance the strategy, produ