The hire announced on Monday is among the first big personnel moves under the
Gap also operates stores under
In a statement, Dickson said Posen's “technical expertise and cultural clarity have consistently evolved American fashion, making him a great fit for the company as we ignite a new culture of creativity across the portfolio and reinvigorate our storied brands.”
Posen, who launched his eponymous collection in 2001 and was known for his glamorous body-hugging gowns, was a red carpet favorite for such stars as
He'll be executive vice president at
Posen will work closely with Haio Barbeito, Old Navy’s president and CEO, reporting directly to him, the company said.
Gap's shares rose nearly 1%, or
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