Gap bets on beauty: Inside the retailer's push beyond apparel
1. Gap is expanding into beauty and accessories to regain cultural relevance. 2. CEO Richard Dickson emphasizes beauty as a meaningful growth opportunity. 3. Old Navy's Beauty Collection launched in 150 stores, attracting customer interest. 4. Recent sales growth and margin improvements boost company outlook for 2023. 5. Leadership changes aim to enhance strategy and market execution.