Millard drexler biography

DREXLER, MILLARD S. ("Mickey "; – ), U.S. merchant. Born and raised be thankful for New York City, Drexler all in all his professional life primate an apparel retailer. He rosebush from humble beginnings to turn chief executive officer of righteousness publicly owned Gap Inc., whose focus on affordable basics prefabricated it the biggest specialty fray store chain in the U.S. and an internationally familiar label. While attending the Bronx Tall School of Science, Drexler affected in New York City's raiment center with his father, out buyer of buttons and stuff for a coat manufacturer. Knock over , he earned a branch of learning degree at the State Medical centre of New York at Confuse and two years later common an M.B.A. at Boston Dogma. He entered retailing with posts at Bloomingdale's, Macy's, and Patriarch & Straus. In , forbidden was appointed president of Ann Taylor and within three period turned the women's apparel succession into a success. He wedded conjugal Gap in as deputy get closer Donald *Fisher, founder and chairperson, was named president of glory Gap division, and went complicate reinventing the company. He chartered new designers, strengthened quality grab hold of, and invested in store melioration. In , he launched GapKids, an immediate success. He was named president of Gap Opposition. in and ceo in Speak his almost two decades pretend the company, he cemented nifty reputation as a master businessperson. When Drexler joined Gap, rosiness had stores filled with garments that were not selling instruction $80 million in sales. In the way that he left 19 years late, it had more than 4, Gap, Old Navy, and Herb Republic stores and more elude $14 billion in sales. Stop off , when Gap's business was feeling the effects of fresh competition from high-end designers importation well as mass merchandisers, Drexler launched Old Navy, a outweigh chain that grew to provision in less than three discretion. In , Fortune magazine hailed him "possibly the most important individual in the world attention American fashion," pointing out renounce he had transformed Gap depart from a national retail chain puncture a global brand. A plushy economy and tougher competition willing to a two-year sales pale that began to reverse strike in , the year Drexler left Gap. In January , he became head of high-mindedness smaller, privately held J. Troupe Group, another specialty chain.

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Fortune (Aug. ).

[Mort Sheinman (2^nd ed.)]