HispanicBusiness

Forty years ago, frustrated by his inability to find a pair of jeans that fit properly, San Francisco real estate developer Donald Fisher made a foray into the world of retail. In doing so, he changed his life--and the fashion industry.

From a flagship store on Ocean Boulevard, the Gap eventually grew into a global empire of 3,100 stores in 25 countries, with 134,000 employees; sales in fiscal 2008 were reported as $14.5 billion.

Fisher's simple concept--offering low-cost, high-quality basics in every size--met the fashion desires of the then-underserved younger generation, and the business took off. Fisher remained active in the company--which includes the upscale Banana Republic, and the affordable Old Navy brands--until his death. Today, it's possible to outfit the entire family in Gap gear--from stylish BabyGap layettes to snazzy schoolwear for Gap Kids and classic black turtlenecks, white shirts, jeans and khakis that go from classroom to boardroom, even to the Oscars.

A life-long resident of San Francisco, Fisher will be remembered also for his philanthropic endeavors--including education, fine art and sports, as well as his strong commitment to the Boys & Girls Clubs of America. Just days ago, Fisher and the San Francisco Museum of Modern Art announced a new partnership to house his large collection in the museum's new wing.

On Sunday, at the age of 81, Fisher succumbed to at his home in San Francisco.