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View Full Version : Disney Fills Gap - The Motley Fool, 9/30/02



Darkbeer
09-30-2002, 11:55 AM
Disney Fills Gap (http://www.fool.com/news/Take/2002/mft/mft02093001.htm) - The Motley Fool, 9/30/02

QuikQuote: He has likened Disney to a big retail location. The way merchandise kiosks and gift shops at attraction exits popped up at the Disney parks during his tenure, it's easy to believe it, too. He won't be shoehorning water rides into Old Navy stores, that's for sure. But while Pressler found easy prey with a smitten Disney audience, Winnie the Pooh khakis and Goofy painter pants won't cut it in the house that Drexler built. It's a challenge that Pressler will no doubt relish, hoping to get the last laugh over Disney enthusiasts who figured that they just lucked out in passing the Old Maid card to Gap.
Disney wasted no time in finding a replacement for Pressler. Over the weekend, it was announced that Euro Disney chief Jay Rasulo would be promoted to Pressler's post. Euro Disney? Uh-oh. Park fanatics might feel like they just fell out of the quality-shredding frying pan and into the fire sale, but Rasulo worked up the ranks the old-fashioned way. You can't pin Euro Disney's earlier failures on him, since he had been heading up the subsidiary for only the last two years.