Gap won't spinoff Old Navy brand citing 'cost and complexity
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Gap has decided against separating Old Navy into a standalone public company.
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Gap's troubles persist but at least the Old Navy spinoff isn't happening, analysts say - MarketWatch
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Gap won't spinoff Old Navy brand citing 'cost and complexity
Gap Surges on 'Long Overdue' Spinoff Plan for Stronger Old Navy - Bloomberg
PDF) Gap Inc.: Marketing Strategy Analysis of the Company.