Fashion brand Gap has announced that its franchising boss, Stefan Laban is leaving the company as Gap prepares to move its operations to the US.

Mr Laban joined the company six years ago and become the head of all brands after four years. Whilst he was in charge, the company expanded from 15 to 45 countries, with 400 stores globally.

A spokesperson from Gap, commented: “Gap is moving responsibility for the brands’ Strategic Alliances functions closer to the business and product creation in North America, in an effort to streamline how our franchise partners work with our brands.”