The hard-charging, Bronx-born Millard "Mickey" Drexler, chairman and chief executive officer of J. Crew since 2002, has transformed the once staid retailer and turned it into one of America's most coveted and successful apparel brands, famously worn by the country's fashion-savvy First Lady, Michelle Obama.
In 2012, the brand reported revenues of $2.2 billion and is preparing to open a new flagship store on London's Regents Street, a critical step in the company's international expansion plans.
Drexler began his career in the mid-1980s, following an MBA from Boston University's Graduate School of Management, serving as merchandising vice president at Abraham & Straus in Brooklyn, New York. Brief tenures in department stores such as Macy’s and Bloomingdales followed and in 1980, Drexler was hired to lead Ann Taylor, a mid-market American womenswear brand that had incurred significant losses. Drexler’s savvy business acumen revitalised the brand in three years, making it the go-to store for working women around America.
In 1983, Gap founder Donald Fisher recruited Drexler to oversee the company's portfolio of brands. Starting with the basics, Drexler ordered the rethink of merchandising strategies, store layouts and marketing campaigns — all to impressive effect. Drexler was abruptly fired by Fischer in 2002.
Drexler has been a director on the board of Apple since 1999 and recently joined the board of Warby Parker, an eyewear start-up with an innovative digital retail model.