Gap Inc. announced this week the appointment of ex Gucci CEO Domenico De Sole to the company's Board of Directors. "Domenico has skillfully managed one of the world's most recognized global fashion brands," said Paul Pressler, President and CEO, Gap Inc. "His insights and leadership will bring great value to our company and shareholders."

In the 9 years of his presidenship, De Sole led the Gucci group through a repositioning and continued expansion, overseeing numerous acquisitions including Yves Saint Laurent, Boucheron, Bottega Veneta and Balenciaga S.A. Gucci's current success has been credited to Mr. De Sole, under whose leadership the company posted its highest ever full-year revenue of more than $3 billion in 2003.

De Sole will serve on the Board's Compensation and Management Development Committee. With his appointment, Gap Inc.'s Board will have 14 directors -- 10 of whom are independent, as defined by the New York Stock Exchange.

According to the British Vogue De Sole`s wife, Eleanir, made no secret of her relief at his move to the Gap. "I'm free!" she said. "I can wear anything I want now.”