Monday, October 17, 2016

J.Crew hires help to inject life into the troubled brand

Image result for j crewJ. Crew’s legendary Chairman and Chief Executive Mickey Drexler is asking for help to turn around his ailing chain, The Post has learned.

Drexler, who is credited with the Gap’s success in the ’90s, has been working with consultant McKinsey & Co. on developing a new business plan for the preppy J. Crew retail chain, two sources with direct knowledge of the situation said.

Private equity firms TPG Capital and Leonard Green & Partners, with Drexler, own J. Crew and the dynamics of the partnership are changing.. . . more

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