Mickey Drexler

Date of Birth: August 17, 1944

Zodiac Sign: Leo

Biography

Millard “Mickey” Drexler is an American businessman known for his transformative leadership in the retail industry. Born on August 17, 1944, in the Bronx, New York, Drexler grew up in a working-class family. He attended the Bronx High School of Science and later earned a bachelor’s degree from the University at Buffalo. Drexler furthered his education with an MBA from Boston University. Drexler’s career in retail began at Bloomingdale’s, where he quickly climbed the ranks due to his keen eye for fashion and innovative merchandising strategies. He gained widespread recognition during his tenure at Gap Inc., where he served as President and CEO from 1983 to 2002. Under Drexler’s leadership, Gap expanded significantly, and he was instrumental in transforming it into a global brand. He introduced the Old Navy concept, which became a highly successful subsidiary of Gap Inc. After leaving Gap, Drexler became the CEO and later the Chairman of J.Crew Group, Inc. His work at J.Crew revitalized the brand, turning it into a beloved American fashion retailer known for its preppy aesthetic. Drexler stepped down from his role at J.Crew in 2017 but remained a significant figure in the retail world, often sharing his insights and expertise.

5 Interesting Facts about Mickey Drexler

1. Mickey Drexler was inducted into the Retail Hall of Fame in 2005.

2. He is often credited with popularizing the “casual chic” style that became synonymous with Gap in the 1990s.

3. Drexler has served on the board of directors for Apple Inc.

4. He made a cameo appearance in the 2012 film “The Intern,” starring Robert De Niro and Anne Hathaway.

5. Drexler is a noted philanthropist, supporting various causes, including education and cancer research.

5 Most Interesting Quotes from Mickey Drexler

1. “Retailing is never just about selling products; it’s about creating an experience.”

2. “If you love brands, you have to love people.”

3. “The biggest mistake is to focus on the competition. You focus on what’s right for your customer.”

4. “You can’t be everything to everyone, but you can be everything to someone.”

5. “Fashion is about today and tomorrow. Nobody cares how good you used to be.”

Highest Net Worth Achieved

At his peak, Mickey Drexler’s net worth was estimated to be around $200 million.

Children

Mickey Drexler has two children, a son named Alex Drexler and a daughter named Katie Drexler. Alex founded the men’s clothing brand Alex Mill, which has garnered significant attention for its quality and style.