Blog: Drexler's retail detail
Leonie Barrie | 24 November 2010
What is so interesting about yesterday's announcement of a $3bn takeover deal at J Crew is that the heart of the deal seems to be as much about tapping into the apparel retailer's enigmatic CEO as it is about the business itself. Former Gap Inc CEO Millard 'Mickey' Drexler is the son of a New York button buyer, he's J Crew's largest individual shareholder, follows his gut instinct and is apparently obsessive about details. And his customers include US First Lady Michelle Obama.
If you've got time, I strongly recommend you read this whopping 12,000 word profile in The New Yorker of the man they call 'J Crew's master of merchandising.'
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