Millard "Mickey" S. Drexler (born August 17, 1944) is an American businessman, who is the CEO of

Alex Mill Alex Mill is an American clothing brand based in New York City. It was founded in 2012 by Alex Drexler, son of Mickey Drexler, who serves as the CEO of Alex Mill. Somsack Sikhounmuong is the creative director of its womenswear collection. The bra ...

, and head of Drexler Ventures. He was formerly the CEO and chairman of J.Crew Group, as well as the CEO of

Gap Inc The Gap, Inc., commonly known as Gap Inc., is an American multinational clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates four ...

Early life and education

Mickey Drexler was born to

Jewish Jews (, , ), or the Jewish people, are an ethnoreligious group and nation, originating from the Israelites of History of ancient Israel and Judah, ancient Israel and Judah. They also traditionally adhere to Judaism. Jewish ethnicity, rel ...

parents in

the Bronx The Bronx ( ) is the northernmost of the five Boroughs of New York City, boroughs of New York City, coextensive with Bronx County, in the U.S. state of New York (state), New York. It shares a land border with Westchester County, New York, West ...

. His mother died when he was 16. He studied at the

Bronx High School of Science The Bronx High School of Science is a State school, public Specialized high schools in New York City, specialized high school in the Bronx in New York City. It is operated by the New York City Department of Education. Admission to Bronx Science ...

City College of New York The City College of the City University of New York (also known as the City College of New York, or simply City College or CCNY) is a Public university, public research university within the City University of New York (CUNY) system in New York ...

, and

University at Buffalo The State University of New York at Buffalo (commonly referred to as UB, University at Buffalo, and sometimes SUNY Buffalo) is a public university, public research university in Buffalo, New York, Buffalo and Amherst, New York, United States. ...

. He later received an MBA from

Boston University Boston University (BU) is a Private university, private research university in Boston, Massachusetts, United States. BU was founded in 1839 by a group of Boston Methodism, Methodists with its original campus in Newbury (town), Vermont, Newbur ...

. He used to live in

San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...

California California () is a U.S. state, state in the Western United States that lies on the West Coast of the United States, Pacific Coast. It borders Oregon to the north, Nevada and Arizona to the east, and shares Mexico–United States border, an ...

but moved to New York to continue working for

Gap Inc. The Gap, Inc., commonly known as Gap Inc., is an American multinational clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates fou ...

Career

In the mid-1970s, Drexler was a

merchandising Merchandising is any practice which contributes to the sale of Product (business), products ("merch" colloquially) to a retail consumer. At a retail in-store level, merchandising refers to displaying products that are for sale in a creative w ...

vice-president at

Abraham & Straus Abraham & Straus, commonly shortened to A&S, was a major New York City department store, based in Brooklyn. Founded in 1865, it became part of Federated Department Stores in 1929. Shortly after Federated's 1994 acquisition of R.H. Macy & Compan ...

Brooklyn, New York Brooklyn is a Boroughs of New York City, borough of New York City located at the westernmost end of Long Island in the New York (state), State of New York. Formerly an independent city, the borough is coextensive with Kings County, one of twelv ...

. He has also worked at

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Bloomingdale's Bloomingdale's Inc. is an American luxury department store chain founded in 1861 by Joseph Bloomingdale and Lyman Bloomingdale. It was acquired by Federated Department Stores in 1930, which purchased the Macy's department store chain in 1994, ...

, and

Macy's Macy's is an American department store chain founded in 1858 by Rowland Hussey Macy. The first store was located in Manhattan on Sixth Avenue between 13th and 14th Streets, south of the present-day flagship store at Herald Square on West 34 ...

. He was on

Apple Inc Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Computer ...

’s board of directors from 1999 until 2015.

Gap Inc.

Drexler is often credited with Gap's meteoric rise during the 1990s. Prior to his involvement, Gap had been a relatively small chain selling private and public

brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

s. Under Drexler the company made a dramatic shift to

private label A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by th ...

brand merchandise and expanded rapidly to become an iconic part of

1990s File:1990s decade montage.png, From top left, clockwise: The Hubble Space Telescope orbits the Earth after it was launched in 1990; American jets fly over burning oil fields in the 1991 Gulf War; the Oslo Accords on 13 September 1993; the World ...

pop culture Popular culture (also called pop culture or mass culture) is generally recognized by members of a society as a set of practices, beliefs, artistic output (also known as popular art pop_art.html" ;"title="f. pop art">f. pop artor mass art, some ...

, such as "khakis, basics and casual Fridays". Television advertisements featuring songs such as "Mellow Yellow" and "Dress You Up in My Love" showcased the relaxed American casual look that defined the Gap brand. During his time at Gap Inc. he had worked alongside

Steve Jobs Steven Paul Jobs (February 24, 1955 – October 5, 2011) was an American businessman, inventor, and investor best known for co-founding the technology company Apple Inc. Jobs was also the founder of NeXT and chairman and majority shareholder o ...

, who was a board member of Gap Inc. at the time and a friend of Drexler. On May 22, 2002, however due to a sales slump and ballooning debt, plus his management style which clashed with the Fisher family, Drexler was abruptly forced to announce his retirement by Gap founder

Donald Fisher Donald George Fisher (September 3, 1928 – September 27, 2009) was an American billionaire businessman and philanthropist. He co-founded the Gap Inc. clothing stores with his wife Doris F. Fisher. Early life and education Fisher was born i ...

. Drexler stayed on as CEO until September 26, 2002, when

Paul Pressler Paul S. Pressler (born 1956) is an American business executive. He is currently the chairman of the board of directors of eBay. He has previously held executive positions at companies such as Gap, Inc., The Walt Disney Company, and was a partner ...

was named as his successor. Drexler was bitter about his ouster but it was validated when sales rebounded one month after his departure.

J.Crew Group

The J.Crew Group, an American clothing and accessories retailer based in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

, was founded in 1983 with the launch of its

catalog Catalog or catalogue may refer to: *Cataloging **in science and technology ***Library catalog, a catalog of books and other media ****Union catalog, a combined library catalog describing the collections of a number of libraries *** Calendar (arch ...

and expanded into

brick-and-mortar Brick and mortar (or B&M) is an organization or business with a physical presence in a building or other structure. The term ''brick-and-mortar business'' is often used to refer to a company that possesses or leases retail shops, factory produc ...

retailing Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesal ...

in 1989 with its first store at the

South Street Seaport The South Street Seaport is a historic area in the New York City borough of Manhattan, centered where Fulton Street meets the East River, within the Financial District of Lower Manhattan. The Seaport is a designated historic district. It is p ...

in New York City. J.Crew hired Drexler as chairman and CEO in 2003 after his abrupt departure from Gap. Applying similar strategies from Gap, Drexler sought to reposition the J.Crew brand as a truly upscale boutique. What was once a low-priced, American, dressy-casual brand became more an upscale, dressy-vintage American brand with "frills included". On June 5, 2017, it was announced that Drexler would step aside as chief executive. He had been unable to stop a several year slide as consumer tastes changed. Drexler noted that "J.Crew raised prices and underwent expansion during years when consumers became more and more thrifty". On January 18, 2019, Drexler announced his retirement as chairman, but will remain a strategic advisor to the Office of the CEO and the board.

Alex Mill

As of 2021, Drexler is the CEO of

, a clothing brand started by his son.

In popular culture

Drexler has made a guest appearance in an episode of the

AMC AMC may refer to: Film and television * AMC Theatres, an American movie theater chain * AMC Networks, an American entertainment company ** AMC (TV channel) ** AMC+, streaming service ** AMC Networks International, an entertainment company *** ...

drama ''

Breaking Bad ''Breaking Bad'' is an American crime drama television series created and produced by Vince Gilligan for AMC (TV channel), AMC. Set and filmed in Albuquerque, New Mexico, the series follows Walter White (Breaking Bad), Walter White (Bryan Cran ...

'' called '' Confessions'', in which he plays a car wash customer. Drexler said his scene took nine takes to film.

References

External links

Official J.Crew Website

Official Madewell website

* ttps://web.archive.org/web/20090301022408/http://jcrewaholics.com/behind-the-scenes/a-jcrewaholics-email-to-mickey-drexler/ An Email to Mickey Drexler from JCrewAholics {{DEFAULTSORT:Drexler, Millard 1944 births Living people 20th-century American businesspeople 21st-century American businesspeople American chief executives of fashion industry companies American retail chief executives Boston University School of Management alumni Businesspeople from the Bronx Directors of Apple Inc. Gap Inc. people The Bronx High School of Science alumni University at Buffalo alumni