Gap Appoints Mattel Executive Richard Dickson as New CEO

Gap Inc. has appointed Richard Dickson, formerly Mattel's president and COO, as its new CEO effective August 22.
Dickson is credited with revitalizing brands like Barbie during his tenure at Mattel.
Gap has struggled with declining sales, store closures, and executive turnover amid industry challenges.
As CEO, Dickson will oversee Gap's portfolio of brands including Old Navy, Banana Republic, and Athleta.
Analysts are optimistic Dickson can breathe new life into Gap's brands by applying lessons from revamping Mattel's iconic brands.