Donald Fisher, the founder of the family-owned clothing retailer Gap Inc, has died at the age of 81 after a long fight with cancer.
Don (pictured) was chairman emeritus and still served on the Gap board until his death. His son Bob Fisher, who also sits on the board alongside his mother, said: "My father was an inspiration to many people both in his dedication to his business and through his enthusiasm and commitment to philanthropic efforts. On behalf of our family, we want to thank everyone who has offered their love and support. We are comforted in the knowledge that my father's legacy will live on in the spirit and passion of the millions of people who have worked over the past 40 years for the company he founded."
Don and his wife Doris founded Gap in 1969 after seeing an opening in the market for well fitting, reasonably priced jeans. The company has since grown into an international business with revenues of $14.5 billion, encompassing other well-known brands such as Banana Republic, Old Navy and Athleta.
Don served as chairman and CEO of the San Francisco-based group between 1969 and 1995. He was also known for his philanthropic activities mainly through the Gap Foundation, begun in 1977, which focuses on supporting the local community and helping underserved youth programmes in both the US and abroad.
The Fisher family still owns around a third of the business that celebrated its 40th birthday last month. (Click here to read our coverage of the story) Don is survived by his wife, three sons, two brothers and 10 grandchildren.
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