Anderson thinks that her experience there has helped make Old Navy’s own athletic apparel more competitive in the marketplace.Still, Anderson conceded that Gap has big shoes to fill. And understands why investors are nervous.Anderson said there already was added pressure on Old Navy to have a blockbuster holiday quarter to help compensate for expected weakness at Gap and Banana Republic.She also noted that Larsson is widely known for his expertise in managing retail supply chains. And that the hope was Larsson would eventually help make supply chain management more efficient at Gap and Banana Republic as well.Related: What the heck happened to Ralph Lauren?Both Anderson and Halsor also pointed out in their reports that Larsson might be leaving at a time when things may get tougher for Old Navy.Sales were so strong at the end of last year that it may be tough for Old Navy to top them in the fourth quarter of this year.What’s more, Anderson and Halsor each noted that Old Navy has been running more promotional sales lately.
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