Gap founder Don Fisher dies, leaving art collection

DON Fisher, the man who founded clothing giant Gap, died yesterday aged 81.<br /><br />Fisher opened his first shop with his wife Doris forty years ago after struggling to find a pair of jeans that fitted.<br /><br />The husband and wife team named the store after the &ldquo;Generation Gap&rdquo; in a bid to appeal to a younger customer. <br /><br />The retail powerhouse now has over 3,000 stores across 25 countries and also owns the Old Navy and Banana Republic chains. Gap reported sales of&nbsp; $14.5bn (&pound;9.12bn) in its 2008 fiscal year.<br /><br />Fisher continued to act as Gap&rsquo;s chief executive until 1995 and remained as chairman until 2004. <br /><br />On Friday, just days before Fisher&rsquo;s death, it emerged he had agreed to leave his prestigious personal art collection, which includes some of the&nbsp; 20th <br />Century&rsquo;s most influential works by Richard Diebenkorn, Roy Lichtenstein, Andy Warhol and Willem de Kooning to The San Francisco Museum of Modern Art. <br /><br />Fisher&rsquo;s wife Doris started the Gap Foundation in 1977 to help communities where the firm operates.