Friday , June 18 2021

CEO J.Crew Exit After Clash With Mickey Drexler, Company Owners

J.Crew Group Inc. Chief Executive James Brett leaves after post 16 months, following disagreement with the long-term leader of the company, Millard "Mickey" Drexler, for strategy and board concerns about his spending plans, Is familiar with the issue.

Despite recent improvements in J.Crew's sales, Mr. Drexler agrees with Mr. Brett to sell some clothes on Inc. and expanding diversity, said two people. They said Mr Drexler felt that such movements were cheaper than the brand, and …

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