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☆ The Gap comeback that might actually be working
▼ + stars: | 2024-10-02 | by ( Cathleen Chen | ) edition.cnn.com time to read: +21 min

Designer Zac Posen — now creative director at Gap Inc., at the Vanity Fair Oscar party in March 2024. Danny Moloshok/ReutersSince 2014, the Gap brand has nearly halved its presence in North America, going from 968 stores in the market to 472 as of February. It makes up about 20% of overall Gap Inc. revenue, while Old Navy accounts for more than half. Before Gap, Posen was on track for a similar trajectory to Mizrahi’s. They started by redefining the positioning of each brand: Gap as a pop culture brand.

Persons: CNN — Zac Posen, Richard Dickson, Posen, Donald, Doris Fisher, Mickey Drexler, Drexler, Uniqlo, Zac Posen —, Danny Moloshok, Sonia Syngal, Dickson, Barbie, Troye Sivan, Da’vine Joy, Anne Hathaway, ” Posen, won’t, Zac, Isaac Mizrahi, ”, Gabriella Santaniello, Mizrahi, Zac Born, Saint Ann’s, Lola Schnabel, Julian Schnabel, Lena Dunham, Nicole Miller, Naomi Campbell, Grimm, —, Da'Vine Joy Randolph —, Jamie McCarthy, Yucaipa, Ron Burkle, Sean Combs, Zac Posen, Neiman Marcus —, Zac Posen — that’s, Zac Posen’s, it’s, Paco Rabanne, Patrick Robinson, Ye, Julie Gilhart, Gilhart, ” Dickson, Bernadette Peters, “, Harrison Ball, Ryan Murphy, ’ ”, TJ Maxx, Kennedy, Anne Hathway, Pietro S, Robert, William Fisher, didn’t, Mark Breitbard, Horacio Barbeito, Chris Blakeslee, Goodman, Stephanie Keith, Da’Vine Joy Randolph’s, Sivan, Hathaway, Julia Fox, influencer, Lee Peterson, hasn’t Organizations: The, Fashion, CNN, Old Navy, Inc, New Yorker, Gap Inc, Navy, Banana, Reuters, Mattel, Hollywood, Xcel Brands, QVC, Saint, Metropolitan Museum of Art, Central Saint Martins, New York Times, Centric Brands, Barneys, New York City Ballet, Swans, Disney, rockstar, Old, America ., Collins Group, Vogue, Bloomberg, Council of Fashion Designers of America, New York, Dôen Locations: Posen, San Francisco Bay, New, Banana Republic, Athleta, San Francisco, Oxford, Zara, North America, Asia, China, Republic, New York City, American, London, Bloomsbury, Balthazar, SoHo, Rome, Italy, New York, America, America . Banana

☆ The price of clothes has gotten out of hand, says Fmr. J. Crew CEO Mickey Drexler
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe price of clothes has gotten out of hand, says Fmr. Crew CEO Mickey DrexlerMickey Drexler, Drexler Ventures founder, former J. Crew CEO, former Gap CEO, joins 'Closing Bell Overtime' to talk the state of the consumer, impact of inflation, and more.

Persons: Mickey Drexler Mickey Drexler Organizations: Drexler Ventures, Crew

Fran Horowitz, Abercrombie & Fitch CEO: The future of retail is small, efficient, omni stores, and they're located where the customer tells us. I get really, really excited about what this means in the operations of the business, using predictive analytics to help us forecast demand. They're worldwide, a zillion stores, and their operations and execution, aside from their merchandising, I think they're always on top of the game. I think you're going to see an interaction with someone in a setting that doesn't look like retail, but looks like a fantastic experience. Nicholas of Sam's Club: Another retail standard that is really going to be important beyond the customer is energy.

Persons: Christina Locopo, Fran Horowitz, Abercrombie, Patrick MacLeod, WWD, Michelle Gass, Levi Strauss, they're, Jens Grede, Geoffroy van Raemdonck, Neiman Marcus, there'll, Trina, Patrick T, Fallon, Chris Nicholas, Kara Trent, Levi's Gass, Tom Ward, Erin Black, CNBC Abercrombie's Horowitz, Marc Lore, Mickey Drexler, TikTok, Adam Jeffery, Dave Kimbell, It's, Scott Mlyn, CNBC Neiman's van, you've, Yael Cosset, —, Ulta's, Arturo Holmes, Trent, That's, we've, Kroger's, Abercrombie's Horowitz, I've, Dia Dipasupil, Neiman's van, who's, Lulu, Drexler, Armour's, Dior, Louis Vuitton, Hermes, Armour Levi's Gass, Emma Grede, Kardashian, Kim, Geoffroy van Raemdonck Patrick Mckleod, Nicholas of Organizations: CNBC, Abercrombie, Fitch, Abercrombie & Fitch Co, Penske Media, Getty, Milken Institute Global Conference, AFP, Sam's, Technology, Walmart U.S, Walmart, New York Times, Navy, WWD, Young, Nike, TJX, Zara, Armour's Trent, Americas, Nicholas of Sam's, Sam's Club Locations: they're, Beverly Hills , California, New York City, America, New York, U.S, Skims, Inditex, Kara, Walmart's

☆ Black Friday 'is a race to the bottom', says Alex Mill chairman Mickey Drexler
▼ + stars: | 2023-11-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBlack Friday 'is a race to the bottom', says Alex Mill chairman Mickey DrexlerMickey Drexler, Alex Mill chairman and former J.Crew CEO, joins 'Squawk Box' to discuss this year's Black Friday and Cyber Monday spending, strength of the American consumer, holiday shopping season preview, and more.

Persons: Alex Mill, Mickey Drexler Mickey Drexler

☆ Everyone seems 'nervous' about economy, says former J. Crew CEO Mickey Drexler
▼ + stars: | 2023-09-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEveryone seems 'nervous' about economy, says former J. Crew CEO Mickey DrexlerMickey Drexler, former J. Crew Group chairman and CEO, joins 'Squawk Box' to discuss the current state of the consumer, what's working in the retail sector, and Drexler's thoughts on LVMH.

Persons: Mickey Drexler Mickey Drexler Organizations: . Crew

☆ Alex Mill chairman Mickey Drexler on state of the consumer, impact of inflation
▼ + stars: | 2023-08-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlex Mill chairman Mickey Drexler on state of the consumer, impact of inflationMickey Drexler, Alex Mill chairman and former J.Crew Group chairman and CEO, joins 'Squawk Box' to discuss the state of the consumer, the impact of inflation on consumer spending, retail outlook, and more.

Persons: Alex Mill, Mickey Drexler Organizations: J.Crew

☆ Gap hires Mattel president Richard Dickson to be its new CEO
▼ + stars: | 2023-07-26 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +5 min

New York CNN —Gap has named a new CEO, from toy giant Mattel, nearly a year after its previous leader departed. The retailer announced Wednesday that Richard Dickson, currently Mattel’s president and chief operating officer, will assume the position. First the president of the Gap division and later CEO of the company beginning in 1995, Drexler pushed Gap to expand beyond jeans into khakis and oversaw the creation of the budget-chain Old Navy in 1994. It doesn’t help that Old Navy and Banana Republic are also struggling, adding to Dickson’s challenges. In short, being CEO of Gap is not for the faint of heart,” Saunders said.

Persons: Richard Dickson, He’s, Dickson, ” Dickson, Barbie, Neil Saunders, GlobalData, ”, Chris Blakeslee, Alo Yoga, West, Sonia Syngal, Mickey Drexler, Drexler, Paul Pressler, Glenn Murphy, Peck, Syngal, ” Saunders Organizations: New, New York CNN, Mattel, Jones New, Warner Bros, CNN, Athleta, Republic, Kanye West, Navy, Disney, Gap, Banana Republic Locations: New York, Jones New York, Zara, North America, Peck

☆ Outdoor Voices founder is mocking the athletic brand on social media after her contentious ouster 3 years ago
▼ + stars: | 2023-07-03 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +3 min

Haney founded the activewear brand in 2013 and stepped down as CEO in 2020. She founded Outdoor Voices in 2013 as a direct-to-consumer activewear apparel brand catering to everyday women who participate in recreational activities like jogging and leisure hikes. Outdoor Voices had raised $64 million in funding, reached a $110 million valuation, and gained a cult following of millennial women. Tyler Haney founded the activewear brand Outdoor Voices in 2013. Haney and Outdoor Voices did not immediately respond to Insider's request for comment.

Persons: Tyler Haney, Haney, —, Guy Raz, Mickey Drexler, Rick Kern, Emily Weiss, Away's Jen Rubio, Gabrielle Conforti Organizations: Service, OG, Outdoor, Getty, New York Times, Outdoor Voices, Urban Outfitters, TechCrunch

☆ Meet Wall Street's rising stars of equity research, the ones to watch as the stock market faces one of its biggest challenges yet
▼ + stars: | 2023-05-22 | by ( Carter Johnson | Emmalyse Brownstein | Paige Hagy | ) www.businessinsider.com time to read: +2 min

Meet Insider's lineup of up-and-coming talent in the world of equity research. The group hails from JPMorgan, Morgan Stanley, Goldman Sachs, and other top Wall Street firms. Lizzul is one of Insider's equity-research rising stars for 2023, a group of 17 up-and-coming research analysts covering a range of sectors, including energy and cybersecurity. To qualify for the list, analysts had to be 35 or younger, based in the US, working in sell-side equity research at a Wall Street firm, and producing work that stood out from competitors. Here is Insider's 2023 list of the top up-and-coming stars of equity research on Wall Street:

☆ Fmr. J. Crew CEO Mickey Drexler on Alex Mill outlook, retail competition and earnings
▼ + stars: | 2023-04-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Crew CEO Mickey Drexler on Alex Mill outlook, retail competition and earningsMickey Drexler, Alex Mill chairman, joins 'Closing Bell' to discuss the state of retail, competition in the sector and gives his outlook on Alex Mill.

☆ Starbucks new CEO wants senior leaders to work in stores. Every leader should follow suit.
▼ + stars: | 2023-04-10 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Former Walmart CEO Greg Foran used to visit stores every week to observe factors like customer service, inventory levels, in-stock levels, and assortment. Fewer retail CEOs got their start working in storesLowe's CEO Marvin Ellison started his retail career as a Target security guard. Others went through management-training programs operated by department stores. As department stores started facing stiff competition from specialty stores, they scrambled to cut costs. These days, finding a qualified retail CEO seems like one of the hardest jobs to fill, with many companies looking outside the retail industry.

☆ Starbucks' new CEO plans to spend time working at his company's coffee shops. Here's why every retail leader should take a shift on the sales floor.
▼ + stars: | 2023-04-03 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +7 min

Former Walmart CEO Greg Foran used to visit stores every week to observe factors like customer service, inventory levels, in-stock levels, and assortment. Fewer retail CEOs got their start working in storesLowe's CEO Marvin Ellison started his retail career as a Target security guard. David Swanson/ReutersOf course, times have changed — in the past, many retail CEOs got their start at the store level. As department stores started facing stiff competition from specialty stores, they scrambled to cut costs. These days, finding a qualified retail CEO seems like one of the hardest jobs to fill, with many companies looking outside the retail industry.

☆ Alex Mill CEO Mickey Drexler on retail: I am not very optimistic about this holiday season
▼ + stars: | 2022-12-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAlex Mill CEO Mickey Drexler on retail: I am not very optimistic about this holiday seasonMickey Drexler, chief executive officer of Alex Mill and former chairman and CEO of J. Crew, joins CNBC's 'Squawk Box' to discuss how this holiday shopping season compares to years prior.

☆ I think Black Friday's become a cliché, says retail legend Mickey Drexler
▼ + stars: | 2022-11-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI think Black Friday's become a cliché, says retail legend Mickey DrexlerAlex Mill CEO Mickey Drexler joins Brian Sullivan and the 'CNBC Special: Taking stock' to discuss the retail market heading into the holiday season. He thinks Black Friday has become boring, and says a lot of people are looking at analytics over merchandise.

☆ Holiday setback? Fmr. Gap and J. Crew CEO Mickey Drexler delivers apparel retail warning
▼ + stars: | 2022-11-15 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoliday setback? Crew CEO Mickey Drexler delivers apparel retail warningAlex Mill CEO Mickey Drexler on what to expect from the rest of retail earnings. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Steve Grasso, Mike Khouw and Karen Finerman.

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