What We're Reading - J. Crew's Rise and Fall
What Happened to J.Crew?
Mickey Drexler, former J.Crew CEO, admitted he'd made "a very big mistake" when he allowed the company to be become "a little too elitist". Now we're checking out a breakdown of the "rise and fall" of Mickey Drexler from Quartz's Marc McBain. McBain points out, as well as other factors, the design team frequently "missed the mark". Noting a "shakeup" was overdue.
J. Crew CEO to Step Down