Pathfinder Expects Net Profit Growth Of About 26% In The First Three Quarters Of 2014.

In the afternoon, the Pathfinder disclosed the performance notice. The company expects to achieve operating income of 1 billion 8 million yuan in the first three quarters of 2014 and net profit of 178 million yuan, up 21% and 26% respectively over the same period last year.

During the reporting period, Pathfinder effectively launched the Internet pformation strategy of "goods + services", carried out product development, brand promotion and marketing, operation management and other related work at the core of the user, implemented the organizational reform of the division system, promoted the integration of resources under the O2O online and offline resources, and promoted the steady growth of business revenue by more than 20%.

At the same time, the company continued to strictly strengthen the budgetary control and control of all kinds of expenditures, increasing profitability and net profit growth over revenue growth.

Can Gap encounter major personnel changes and get out of difficulties?

Brand Gap will usher in major personnel changes.

In February 1st of next year, Gap chairman and CEO Glenn Murphy will leave, and then CEO will be appointed by Art Peck, the current head of digital business.

Glenn Murphy has been the chairman and CEO of Gap group since July 2007, and witnessed the pformation of Gap.

Glenn Murphy said that leaving is a personal choice. He believes that Art Peck will be the right successor.

Art Peck joined Gap in 2005 and served as president of Gap North America in 2011-2012.

Art Peck is currently in Gap group as president of growth, innovation and digital department, strengthening brand stickiness and calling for the return of passenger flow.

After taking over the CEO position in February next year, Art Peck will join Gap.

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After the news of personnel changes, Gap's share price fell.