Millard "Mickey" Drexler doesn't use the word "luxury." But he has jump-started retailer J. Crew with premium merchandise--cashmere from Loro Piana and leather from the tannery used by Hermés--that's very luxurious indeed. Since Drexler, the whiz behind Gap's phenomenal rise in the 1990s, took J. Crew public last year, the stock has more than doubled. That's great news for the largest individual shareholder, CEO Drexler, whose stake is now worth $400 million.
Photographed outside the J. Crew store in New York's SoHo
|
|
|
|
The Turnaround Artist
|  The iconic men's retailer turned to hipster designer Thom Browne to refresh its brand with his modern takes on classic designs. (more)  These days carrying a Gucci bag doesn't mean you're special. Retailers hope that one-of-a-kind items can recapture exclusivity. (more) |
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved.
Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
* : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
| Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use. Intraday data is at least 20-minutes delayed. All times are ET. Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data. Fundamental data provided by Morningstar, Inc.. SEC Filings data provided by Edgar Online Inc.. Earnings data provided by FactSet CallStreet, LLC. |
