The chief executive officer of US retail clothing chain Gap is stepping down, the company said on Wednesday.
Glenn Murphy will resign as its chairman and chief executive in February after being in the role for over seven years.
He will be replaced by its current digital leader Art Peck, who has been with the retailer since 2005.
News of the management shakeup came as the firm reported weak same-store sales in September.
The company said weak sales in its Gap brand were expected to hurt margins in the third quarter.
The San Francisco based firm also owns clothing retail chains Old Navy and Banana Republic.
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