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Old Navy's expansion and its multi-million-dollar holiday pajamas

Old Navy, the low-cost clothing brand, is launching its first designer collaboration with Anna Sui, brought in by none other than the company’s Chief Creative Officer Zac Posen. CNN's Vanessa Yurkevich interviews Posen and the company’s CEO, Haio Barbeito about the launch of higher-end fare and high-tech way the brand is selling its booming holiday pajamas. Old Navy, like all major retailers, is navigating an unpredictable holiday season with shoppers who are being more careful about their spending.

3:27 • Source: CNN
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