Doris Fisher, co-founder of iconic Gap chain, dies at 94
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Key Points:
- Doris Fisher, co-founder of The Gap Inc., died at age 94, surrounded by family; the company did not disclose the cause of death.
- She and her late husband Don Fisher started The Gap in 1969 after a frustrating shopping experience, initially selling men's Levi’s jeans and record tapes from a single San Francisco store.
- Doris Fisher served as the company's fashion merchandiser for nearly 40 years and came up with the name "Gap" to bridge the generation gap between parents and children.
- The Gap expanded into a global retail empire with brands like Banana Republic and Old Navy, generating over $15 billion in sales, while Doris influenced advertising, product development, and customer focus.
- Beyond business, the Fishers were major art collectors and philanthropists, donating over 1,100 works to the San Francisco Museum of Modern Art and supporting educational initiatives like the KIPP charter school network.
