10 Things You Might Not Know About J.Crew's Mickey Drexler
Credited with turning J.Crew around from a struggling chain into a "raging success story," the article cited specifics, including how the company made its first profit in five years under his leadership in 2005 and how revenues rose 107 percent between 2003 and 2008.His accomplishments with the brand follow his being let go, rather unceremoniously, from Gap in 2002.
The profile on Drexler is definitely worth the read, and in my opinion, some of the most enthralling tidbits weren't necessarily about his achievements. Below are the ten most interesting things I learned from the piece:
1. He talks to his 695-person corporate team "constantly via an elaborate intercom system."
2. His current position is the most fun he has ever had. "The other jobs were not even close," he says.
3.He likes to ride a bike around the office.
4. He cites that one of his largest pitfalls at Gap was overexpansion. "I got too ambitious; the Gap got huge," says Drexler.
5. He likes to personally answer calls and emails from shoppers.
6. He practices yoga twice a week.
7. He loves real estate and owns houses in the Bahamas' Harbour Island, Idaho's Sun Valley, and three in the Hamptons.
8. He is not working for the paycheck. He received about $350 million when he cashed out his stake in Gap and has $270 million in J.Crew stock and options.
9. He doesn't have an office. "I had one of those at Gap. You need to see the team and they need to see you," he says.
10. He was born and raised in the Bronx.
Be sure to also check out the WSJ 's behind-the-scenes video, below.
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