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Today’s Top Talk

  1. The boards of the luxury companies have been discussing a potential deal since last month between Tiffany and LVMH, and will meet on Sunday to approve a final plan. Story from Emma Newburger.
  2. Gap Inc.’s problems continued in the third quarter amid disappointing performances across all three of its divisions. It has been made clear that the departure of Peck would not alter Gap’s plans to spin off its value-oriented Old Navy division, saying that he and board continue to believe “in the strategic rational of the separation.” Coverage from Marianne Wilson.

Source: LVMH reaches deal to acquire Tiffany for $16.3 billion | CNBC

Source: Gap’s Q3 income plunges amid falling sales; Old Navy spin-off plans move forward | CSA

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Retail

Chris Walton View All

Chris Walton is an accomplished Senior Executive with nearly 20 years of success within the retail and retail technology industries. He is well-versed in merchandising, store operations, inventory management, product design, forecasting, e-commerce, pricing and promotions, and tech product development.

Chris was most recently a Vice President with Target, where he led the retailer’s Store of the Future project and also ran the Target’s home furnishing division for e-commerce. He previously worked for GAP, Inc., as a Distribution Analyst and Manager.

Chris holds a BA in Economics and History from Stanford University, and a MBA from Harvard Business School.

He likes to dress as Darth Vader for Halloween, and his wife also frequently asks him to ask Alexa, "to turn off the music."

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