who-owns-athleta

Who Owns Athleta?

Business / By / August 21, 2023

Athleta is part of Gap Inc, a group that in 2022 generated over $15 billion in revenue and which comprises brands like Gap, Old Navy, Banana Republic, and Athleta; it is primarily owned by the Fisher family, heirs of Donald George Fisher, who co-founded The Gap Inc. with his wife Doris F. Fisher, back in 1969. Donald George Fisher’s heirs: John owns 17.23% of the company, followed by William with 15.94% and Robert with 15.47%. Institutional investors comprise Dodge & Cox with 10.4% ownership and BlackRock with 6.4%.

Key Highlights

  • Athleta and Gap Inc.:
    • Athleta is a brand under the umbrella of Gap Inc., a retail conglomerate that includes several other well-known brands.
    • In 2022, Gap Inc. generated over $15 billion in revenue from its various brands, making it a significant player in the retail industry.
    • Gap Inc.’s brand portfolio includes Gap, Old Navy, Banana Republic, and Athleta, catering to various segments of the market.
  • Ownership and Gap Inc.’s Founders:
    • Gap Inc. was co-founded in 1969 by Donald George Fisher and his wife Doris F. Fisher.
    • The company remains largely in the hands of the Fisher family, who are the primary owners and heirs of the founders.
    • The Fisher family members own substantial shares of Gap Inc., with the largest stakes held by Donald George Fisher’s heirs.
  • Fisher Family Ownership Shares:
    • Among the Fisher family members, John holds the largest ownership stake in Gap Inc. at 17.23%.
    • William and Robert, also heirs of Donald George Fisher, hold ownership stakes of 15.94% and 15.47% respectively.
  • Institutional Investors:
    • Apart from the Fisher family, institutional investors also hold significant ownership in Gap Inc.
    • Dodge & Cox is one such institutional investor with a 10.4% ownership stake in the company.
    • BlackRock, another major institutional investor, holds a 6.4% ownership stake in Gap Inc.

Related Visual Resources

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About The Author

Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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