Thursday, April 11, 2013

Industry Icon: Mickey Drexler

Informed by Steve Jobs that he was going to be fired from Gap after working 19 years for the company, expanding it’s fleet from 450 stores to over 2, 000, and bringing it’s annual revenue from $400 million up to $14 billion during that time (businessoffashion.com).  Now, he is currently the CEO of J. Crew, which he turned from a lacklustre brand into a fashion-forward empire.  Even though Mickey is not a prime example of a fashion icon himself, his intuitive sense of what the public craves and transforming companies to new heights, definitely makes him someone to know in the industry. 

wmagazine.com
Since he began at J. Crew in 2003, he has increased the company’s revenues by 170%.  He is a self-proclaimed micro-manager, doing everything he can in the company, including answering customer’s emails and telephone calls himself.  J. Crew’s style has gained a large following, with many celebrities enjoying the brand, such as Michelle Obama and Oprah Winfrey.  Overall, Mickey Drexler truly is the “merchant prince”  (businessoffashion.com).

streetpeeper.com
With all that said, go check out the new J. Crew store that just opened last Wednesday at the Eaton Centre.  It is the first store in Canada to feature its menswear line!

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