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Crew’s New Captain: Can Drexler Reverse Ailing Brand’s Drift?

NEW YORK — Texas Pacific Group may have finally found its J. Crew exit strategy in Millard Drexler.The investment group Monday named former...

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"If anybody can make it happen, it’s him," said Sam Shahid, partner in Shahid & Co., the ad agency here. "I think J. Crew has really gone down, and doesn’t have the excitement it had. He’ll bring new energy and new vitality."

Said Arnold Aronson, managing director of retail strategies, Kurt Salmon Associates: "The size and scale of J. Crew are tailor-made for the talents, merchandise acumen and leadership of Mickey Drexler. J. Crew hit the lotto jackpot when they signed him up."
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