Retail

Gap To Dump New Logo, Revert To Old

Gap (NYSE: GPS), founded in 1969 as a the Woodstock generation left Woodstock for home as the company likes to say, has succumbed to customer pressure to keep its old logo. The clothing company said that it “looks for new ways to connect to customers around the world.” One of those must be to allow those customers to “vote” for which logo it will have.

Gap announced that “Since we rolled out an updated version of our logo last week on our website, we’ve seen an outpouring of comments from customers and the online community in support of the iconic blue box logo.”

“At Gap brand, our customers have always come first. We’ve been listening to and watching all of the comments this past week. We heard them say over and over again they are passionate about our blue box logo, and they want it back. So we’ve made the decision to do just that – we will bring it back across all channels,” said Marka Hansen, head of Gap Brand North America.

The decision is probably a smart one. No one really cared if Gap had a new logo. The company probably ran focus groups and other research to see if a change was possible. The research was obviously flawed as it true with so many straw polls.

The decision may set a precedent now that a large public company has decided that customers can overrule corporate decisions. Corporations routinely change their logos and even their names. Altria is not much of a name for a cigarette company when Phillip Morris has been its name for nearly a hundred years. Perhaps customers and shareholders could push to replace the old name.

Public companies will not allow shareholders to vote for board members or compensation, but their customers can fight for and get a change in a company’s branding.

Douglas A. McIntyre

It’s Your Money, Your Future—Own It (sponsor)

Are you ahead, or behind on retirement? Finding a financial advisor who puts your interest first can be the difference, and today it’s easier than ever. SmartAsset’s free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been carefully vetted, and must act in your best interests. Start your search now.

Don’t waste another minute; get started right here and help your retirement dreams become a retirement reality.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.