18 Burst results for "Mickey Drexler"
"mickey drexler" Discussed on Beyond the Beauty with Bobbi Brown
"Is last five years of his life. He was battling a health fish and he built at some of the greatest things anyone could do under those circumstances. Hey guys it's bobby bones. I host bobby bones show and I'm pretty much always sleep because wake up at three o'clock in the morning. A couple of hours later on my friends together so we get into a room and we do a radio show. We share our allies. We tell our stories. We try to find as much good in the world possibly can and we looked through the news of the day that you'll care about also your favorite country. Artists are always stopping by to hang out and share their lives and music too so wake up with a bunch of my friends. I Ninety eight point seven. W M Z Q in Washington DC or wherever the rotates you on the iheartradio APP had such a career making to think you can even say what you're most proud of more so it's what people really say and I get so many nice compliments and things from people I worked with over the decades and that really is the term cavill Listening this will no. Yeah but you know it makes me feel really good that people remember and they're so nice about it and and if I impacted people's lives That's probably the thing I'm most proud of. And I love this story with you and Andy Spade that you went out for breakfast and then you saw this store on the side of the road. Remove THE LIQUOR STORE YEAH WELL. Andy is a brilliant creative. We had coffee whatever. And then we're schmoozing and he said something about visit store. We should take so andy. Says you should take store. I said the real estate group. Keep saying it's not good enough is a bar in there. You gotta take the bar out so you know the we open so many stores. I never bothered taking the ten minute drive downtown to see the store so andy and I go to the store. We look at the liquor store and I say this is the coolest store in the world and the bar makes it cool. We signed the lease that week. We said just do it and warned for Andy saying it. I never thought about it. And it changed the whole nature of the men's business at J. Crew. It became an inspirational Factor in driving men's product to where it went. It was fantastic store. It was fun. It was personal. And it put us on the map and who you wearing. Now who's jacket is at the truth? Yeah I I had on and Alex Mill Jacket. But we don't do laser. We don't do by the way we're not going to do them. I always say where Alex Mill we're obsolete eating blazers. We have worked jackets and we have light. Jackets totally unstructured. But there's something in between because the work jacket that I have that you know the girlfriend in Law Kim stole from me and look so good at. It's not a jacket. I could come into like four seasons with like I don't want to but I don't WanNa Structure Jacket. We think we're writing you worry. Too structured trying what but structured makes a woman look a little thinner sent a big giant. Exactly I have a uniform and we have uniforms at Alex Mil It's an says and I had all my jackets made there and suits made there which I rarely wear. Are they a step above. I don't know anything about the men's Air Mez suit put it this way. I like classic timeless for men. I'd like that for women to yeah and I always liked it in the businesses that I was involved with Mazuz classic and timeless for me whether the lapels a wider thin. It's perfect These are very expensive so to speak but and I'm value person. I live in one thousand nine hundred sixty dollars except when it comes to a mess then so that's your no but I think that's important so what makes it better than off. The rack is it. The fabric is that the cut has. It's both it's also the detail. Yeah it's all these things in a product that make a difference. It doesn't have to be an expensive product. You know for us if you look at Alex meal or other companies in a been involved with visit detail than cheese say. Isn't that intelligent? Iran was in Paris. Not at the fashion shows. I don't go. I don't get invited but I happened to be there during fashion week because I was in Germany for another reason and I just shop stores all day in Paris and I came back. I did the same thing here. This too much close out there. Not enough with the little detail bed you find. Wow look at that. How smart is that? I found one shop and one brand. I feel madly in Paris in Paris. I'm going next week. You'll have to tell you have. Yeah and they have a red thread and I sit. Isn't that intelligent? You know makes a difference but it doesn't come in is this and I like classics. That lasts forever not Boring Essex. Yeah I love your stop because you're also wearing like jeans like every day. You are Bluejeans what I do I. I sometimes try Khakis and I hate to say Khakis on men they make you look like Khaki guy well. My husband looks great and Khakis because he gets them kind of Taylor. Yeah well let's keep by the way the fit of everything is so whose genes are those. They are Wallace and Barnes Where I grew up by the way I never even heard of wall some borrow. You didn't while you never would okay mall brand. We started years ago and I didn't name it. I mean I think Korean name. Remember Jena said where were you born? What would the streets we try to name a little upscale brand of J. crew so there Wallison Barnes jeans? I still wear them okay in all fairness a Mary. My great friend who does made well and J. crew genes that kind of custom ish right Gotcha and Mary. I'm waiting for my next livery. On our new custom she changed. The new ones fit So if this doesn't make the cut okay Taylor I've said it on on a podcast right. Where are my new walls born jeans? Mary okay good. No you just have this like besides your retail expertise and your godfather nece. Your style has so created a much more relaxed but Polish for all the guys I mean I got four men that has shopped. Really what you have created. So and now. They're all converted over to Alex. Smells which is really cool. I you know one thing about my dad. I didn't say You know I always ask musicians of their parents play music. Singers Artists My dad through thick and thin and it wasn't like a guy who had money or anything was very well dressed impeccably dressed. So is that th the the nature part of one's life nurture versus nature. I don't know but I bet you know we did go shopping a year for school And it's not like he picked it out but I think it was. You know you grow up with certain things you know you grow up at the good. And the bad yeah. It was important to him that you looked. Yeah that you felt good in that. So call so. We're going to do a lightning round. Which sometimes we do icebreakers. But I didn't need an ice breaker. What did you eat for breakfast? Today I had a avocado toast with scrambled egg whites and I tell them to cut the toast. Very thin sliced very thin. Did you go to my favorite French restaurant for breakfast? Scene Umbro's yeah. I knew that had breakfast there. You and I've been there a few times. What's your favorite? Tv show even though you were you were a guest on breaking bad. Yes right now. I don't have a favorite. You know I get home at the end of the day and I'm I just kind of like chill. What does that mean Chil- like how do you chill? I know you don't drink so you're not having a cocktail in a chair. How does Mickey Drexler? Chill when pay you? My wife has serious. Like spy She was watching that. And I'd I'd be there but I I have Little add on everything. So I can't really pay that much attention to. That's one of the things we share in common. Yes so I'm sitting there. I'm going through the news. I'm a news junkie. I have my IPAD and I'm searching the news. I do the Daily Mail. I do this that and the other thing and if Peggy finds a series she likes I will join her on that. When's dinner like what time you guys have dinner? We usually six thirty seven. Okay at home or out every night. Yeah and what's the last thing you bought? You know what I bought you. This is very funny about her meds so for the last three years. I bought the most beautiful. I guess they jackets coats short ones. I bought one last year in one two years ago. I bought a jacket for myself for as yesterday. Nice what is your closet. Look like its oversight. Assorted now with too many jackets. Close all of the same So as a million white shirts were blue and white striped shirts. T. You go through it. You know what it is about close. It's kind of objective. He WanNA throw anything. That's wearable forever out. I gotta throw things out or give them away right because it's all stuff that's still good today in style. I love giving things away by the way my a. My youngest is obsessed with you. Since we've been to your house and he's seen every single thing he just wants to follow you around and see what your brain does and he also is really into. Alex smells. He thinks that creativity their creative processes really interesting. When I think it's helpful to all young people to see how it really was. Yeah and it doesn't work the way they think bryce never does. I love having young people in my office. Even like the interns that never would have had that opportunity and they just leave after the summer. And they're like. I can't even believe that I got to watch. This won't make as always it's so good to see you and I'm glad that you are so happy and please don't answer my calls when I call you and Urine Yoga that I can love you. All right love you for more podcasts. From iheartradio visit the iheartradio APP apple podcasts. Or wherever you listen to your favorite shows beyond the beauty is supported by better health. Online counseling better help offers licensed counselors who specialize in issues including depression anxiety as well as many things that some of you may be going through. You can connect with a counselor through text. Chat phone and video calls beyond the beauty. Listeners will get ten percent off their first month with discount. Code beyond beauty better helped dot com slash beyond beauty. No matter what you're going through better health is there for you. Hi I'm Oscar. Ramirez in a host the daily dive a Daily News podcast about the biggest stories of the day. 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"mickey drexler" Discussed on Beyond the Beauty with Bobbi Brown
"I mean I don't know about you but I love watching the journey because I think it is like what could be possible. And it's a different world out there like the world is we know is con- I mean. I saw that when you guys did that last party. I saw it on instagram unfold. I mean years ago we never would have seen all of that until women's wear daily the next day I had foam. Oh fear of missing out you know. It was like all these people came in. You seem so happy and engage. You don't think you'll ever start another business. After Alex Miller a creative mind never stops. And I was saying before. This started that you never. You can't control creativity and ideas never rests but right. Now I'm I I think it's all under control and I really love this. It's so early stages and watching it grow or watching us do what we're doing now. I right now. I'm thinking about it. Frankly you feel you feel like you're cup is full because I know the feeling when I left your Bobbi Brown cosmetics. I was like I all of my when I went down that elevator. All of my stress was gone. But then you wake up and you're like What am I doing? And if I didn't pick up the phone call people. Nothing would happen. So I activated myself out of a funk. I think what you describe. We all go through whether people talk about it or not one of the most difficult things in your life once you stop after your whole life being engaged involved building being creative and not not being a bureaucratic because maybe bureaucrats are different. But when you're a creator and when you're a business manager or you build something it's so personal and then I felt the same way I got. I got depressed when I I left. What am I do and so on and so forth and you know I thank i. Thank my son for starting this thing in two thousand twelve and watching it grow very slowly and it just and most startups take a long time. You know it took us. We'll old navy was fast. It was really fast but made well took six or seven years to kind of catch China catch on to make a profit so on and so forth and I had breakfast today with really terrific guy. Who started a company with his team? And it there on the ninth year and you know you're always learning and if anyone doesn't learn every day of their life and then not doing their job well anyway or they're just disengaged but it's usually difficult adjustment when you leave and then I was kinda quote unquote advisor at. I'm not used to advising because they don't have to listen and what you know is right and by the way so much of. It's intuitive and I always think about intuitive and instinct and good judgment. You don't do what you've done without that and I don't they don't teach it in school. They don't teach the importance of it in school. In fact I this little class and I said everything you will not learn in school. You don't learn most of these things in school because who's going to teach you real life experience and the ability to develop confidence in your own thinking so I always tell younger people today and they're not that confident about things. I think if you're thinking it it is It's about your boss you like or you don't like it's about. Why do so many big shots in the world not impress you? That's life cindy of any desire to actually become a professor a name that you are called by the way professor so no No love teaching Were chatting with young people And and I love being a contrarian and I will say things to them that no one else is going to say and I went through my own career step by step. You Know My. I left school at my first day at Bloomingdale's I went in. And you know starry eyed this that and the other thing and within X. amount of time I realized a few things about the world although I did not realize it I realized that Most people are there because they want to keep their jobs. I learned that big corporations are by and large not creative Because people are afraid to make decisions even the CEO's you know you get those huge salaries you get the private jet. That usually comes with the job. Now I say that other than apple where I was on the Board for sixteen years. Steve jobs was not that way creative. Took risks and moved it. But I always admired and Kinda idolize Steve. What did you learn from Steve Jobs? Well what I saw in Steve and I seen a lot of people who do what he does is that you never really rest easy in in those kinds of jobs. And why would he? Yes because he built one of the great rate companies in the world to this day. What I learned is He was willing to take risks. He followed his judgment and his instinct in an enormous way he loved product. And I say today you know what he did at the board meetings was. He had ten or twelve products always covered up in a gray cloth and it started end in their product and marketing of and merchandising of environment of creates US success. If the product is good now I see today doesn't always happen that way because a lot of marketing kind of makes up for sometimes what? I consider a lack of product but I learned from Steve kind of what I learned from my own experiences. Give them a bestseller. Give a cool item. Give him this given that and then follow your instinct in a sense now. Your instinct is based on lots a knowledge in history. It's not like oh out of the air. You have an instinct or an intuition you you gather that over time but I am. Steve went through all this with a tremendous personal challenge on his health. So I always admired that. And what was it like building the first ever apple store with Steve? I work with Steve and what happened is I said no to him for year. He wanted me to join his board and I personally don't love public boards. No it was a stupid decision. Because Steve's Steve and he's the most seductive human being either so over the year we'd be friends we'd be. This finally came to me one day and said you join the Apple Board. I will join the gap for I said. We have a D. allow on the gap board. And they're all my buddies and friends a lot of family a lot of connections a lot of this and there Steve. He creates problems. He creates arguments. I love that about him so I joined the board at Apple. He had a vision. He wanted to a store. You know I was in the direct business now. They call direct to consumer. I suggested because we did this. Gap BILL STORE INSIDE A warehouse. He did that walk through the first store it was busy was too much going on. It wasn't the right store. Now how do you know that this book you'll learn that in so we came down to? This is what it should look like. Simple kind of white showing product and yeah. We did it. I felt I worked for him. I didn't mind working for him. You know when it call you. Wake ME UP Steve. Sleeping call me in the morning. I get his wakeup call. But that was okay. I really so admired him. You read a lot about Steve. But I- noon well and special man. I very sad thinking him not being here anymore was he a hugger like did he greet you and hug you know wasn't schmoozing guy. He wasn't a hugger unless he was on his. I want something. Then he was. Seductive.
"mickey drexler" Discussed on The Business of Fashion Podcast
"Gap was going through very tough period when the earnings were GONNA be terrible stock was dropping and I was nervous wreck I never ran a public company and you know there I was so it took a year and a half to forget all the new goods hit. It was like a rocket ship. You know Steve kept saying no free year. Join US boy. That was in smart on my part and finally he said if you join Apple Apple Sport I will join gap sport and I said we have a deal. Why did you leave gap? Dawn fired me the day after he fired me told me he made a mistake. That lunch with Guy Runs Company. And he says how do you deal with creatives It's not easy and I said it might not be but the most difficult people to manage at times are the most talented high. This is Imran Ahmed founder and CEO CEO of the business of fashion and welcome to inside fashion on the podcast. This week. We have a very special conversation with someone who has come to be known as merchant Prince of fashion. Mickey Drexler grew up in the Bronx working at his dad's company in the garment district and then carved out a legendary career working at Bloomingdale's Bloomingdale's and Taylor the gap and J. Crew. These days Mickey.
Mickey Drexler's Formula for Turning Retail Around
"Welcome to inside fashion on the podcast. This week. We have a very special conversation with someone who has come to be known as merchant Prince of fashion. Mickey Drexler grew up in the Bronx working at his dad's company in the garment district and then carved out a legendary career working at Bloomingdale's Bloomingdale's and Taylor the gap and J. Crew. These days Mickey is working with his son on a new brand called Alex melon in his conversation with B.. JIO FS chief correspondent in New York. Lauren Sherman he shares his advice for young executives working with creative partners. Here's Mickey Drexler inside fashion. So Mickey thank you for being here happy to be here. Let's start from the beginning. Are Your parents or your parents in retailer apparel or anything that I My Dad worked worked in the garment business. New York City We grew I grew up in the Bronx and he had like a lot of other First Generation Jewish families whatever he worked in the garment business. He worked By buttons and piece goods for coat manufacturer named Jill Junior and my mom always worked. She was ill From Twenty eight years old she had cancer and passed away. Wait fifteen years later from a Being a chain smoker in those days no one really knew that cigarettes actually killed you so So she but she always worked as a secretary at the Y. M. Ha So they both worked hard. I had no siblings but I had seven cousins. Who Live down the St and three of my mom's sisters so as an extended family well it was the y m h a a young men's Hebrew Association? WHO's in the South Bronx Bronx? I went to overnight camp where she was a secretary for the summers At the camp camp because she worked it was affiliated with ym Ha and growing up. Did you think you would go into the same business. Your Dad was well I I didn't think anything as a kid I I only worried about. I worried about a lot of stuff. 'cause I was a worrying kid but I didn't really think about what I do who I always dreamt that my dad would be a successful. Because that's what he talked and dream about he talked about always Wanting wanting to kind of de successful he never was by any measurement Successful at what. He did He worked for a kind of a boss who you know. I heard about all the time who didn't treat him as kindly maybe As he might. That's true a lot of bosses and he wanted to be. I'll use the word big shot. Now this is in the sixties in the Bronx and So I didn't really know what I wanted to do. I had no idea it would be the garment business But I always worked starting at a young age my teenage years going because he kind of forced me to go into work with him on holidays on Saturdays Saturdays so I went to work for the coat. Company ticketing coats a Aaron's the shipping carrying samples to the other people in stores etc.. Did you know Ralph Lauren. Growing up because he grew up in the Bronx right. He was on Masha Loop Parkway. I was Barnes Avenue He I went to high school at Bronx sites across much Lou Parkway did you do you remember when he hemas coming up in the late sixties. I remember him exactly. 'cause I always followed people who did things that I admired. I was at Bloomingdale's started Sixty nine working at bloomingdale's and I remember Ralph. I didn't know him personally. But he came in selling selling wide ties to the men's department and it was like revolutionary and so I didn't know him but you know because I worked at Bloomingdale's I A new people who bought ties from him. So I always looked at. Ralph is someone. I admired immensely. What he did and at Bloomingdale's did you do the retail program? I know a lot of the department stores used to have these great training programs. Very lucky. In the sense first day was in housewares. I couldn't stand it I was trying to look for pots and pans. I knew nothing about it and I was Kinda lost. And the second day They moved me and this is my second day of my right official career. They put me into a department of junior department was called the Lexington shops. I was the buyer I actually went to the market every day. A No supervision really knows days and I. It's changed so dramatically you didn't have someone breathing down your neck. Tell you what to do so there I was twenty three years resolve. Whatever and I had a department Lexington Juniors whose only in fifty nine th street and I was in charge of buying all the merchandise. I had a really nice boss Stanley Stern. He left me alone. I had two or three really hot items and you make a lot of money on hot items Elephant Pant by Arthur Arthur. Bell was my hottest pant. The world's a cuffed big elastic waist pants every day. I was rewarding like crazy so I did that for six months because Barbara on jr was on maternity leave. Unfortunately she comes back and there. I go to the branches so I did that for a while and then I was promoted back In to fifty ninth street Iran. A woman's swimwear our T shirts and sweaters. My first buying job I they say I was like. I did it really quickly and again there. I was pretty much on my own as most of us were learning the business. I was very fortunate. I had a woman that he katy Murphy who passed away a young age. She was a fashion Shen director and knew more about the business than anyone I knew but because she was a woman She wasn't the seal. She could have positioned set set. She just got it and I was very lucky to have her as I kind of her pet. They treated me like oh go out with Katie went to Europe together. We bought together and only in hindsight that I realize that the fundamentals of what I even do today I think was set in place by Katie. And I going on these trips and we've been buddies so if I had an issue in work I ran to Katie. Not My boss. What do you think of this Katie? Anyway think of that and you know you don't realize you're learning so much everyday idle huge learning curve and so I did that job for a year and a half then. I was promoted moded into the boys area and then maybe it went up to the branches again. Then I quit and you said you had a couple of hot items. What what what does that mean? And how did you identify them. Especially back then when you were just starting out. How did you know that something was gonna hit? I think a lot of what people do. Who is kind of a DNA? Instinctive nature not nurturance much. I'm not sure but I always like I used to sell When Wilkinson Sword Blades came out I was in eighth grade? I was working in the garment center. I was young I was as a kid and I used to get a supply of them. They were really hard to find. They were the best razor blade. Hello in the sixties and I bought supply and I told them to when I made deliveries. I Have Wilkinson Sword Razor Blades. I didn't think I was an entrepreneur. I didn't think anything I could. Maybe maybe make some money and as a young child I money. My father's will obsessed about money because he never really made it. And I think I picked picked up some of the habits of wanting to have some safety and security so that was a little safety and security to keep handle drawer with my cash in it. I saved it. I never spent. It was not much to spend on very impressive. I wish I had a drawer with cash while it was like ten dollars dollars wasn't like a lot. So why did you quit bloomingdale's and what did you do after that. You know it's interesting just to step back end up working at Bloomingdale's I had a summer job at a NS. Now macy's and I fixed them up with a friend of mine I loved. I summer there so I was ready to be hired and I fixed them up with someone. I went to school with and they offered him five hundred dollars more in salary I did now. I didn't think about I was furious. I fix them up. They offered me eleven the offer him eleven five and I am crazy. Furious and You know I didn't have mentors like everyone has a mentor today. I couldn't talk talk to my parents about that but I was pissed off and I interviewed at Bloomingdale's and decide it and it was huge important decision in my life if the second most to that date businesswise and So I decided to work at Bloomingdale's they offered me eleven five. I wasn't negotiating a lot of great negotiator gator salaries and all that stuff and I went to work at Bloomingdale's. Ns would have taught me a whole different way of doing business. Sale Promotion They they were very successful But you know it's funny. So that kind of infuriated me any. Why'd I leave Bloomingdale's I got to the point where and you don't have to make a living and I said this is and once I moved up a little not a lot. I start to think about two things one. I don't love it as much now. I had the boys area and I was supervising but more importantly I always wanted to have really important in regard for people. I worked for Maybe it was my expectation and I realized that you know forgetting what titles are that. At at some point you know people get promoted without earning. The promotion and big corporations was like a huge corporation was big bloomingdale's relative to what I thought of his big back in those days and start to realize put your time in to a degree if you're older than me or whoever you may get promoted moded and I looked at the surroundings and who was moving up and I I I wanted to change someone. One recruit someone at macy's recruited me add Finkelstein who was then the chairman very charismatic guy. Recruited me I left and I stayed at macy's year and a half why because I was obviously looking for something I wasn't getting in a department store business. My last last movie in a Department Store Business was bloomingdale's was owned also a NS federated department stores. They recruited. It'd me back and I went back the stake but again I didn't have the freedom of I'll just do whatever it wasn't like everyone to start up. I you know. In those days who did startups who can raise money to pay the rent and I went to Ns for four years. And I said that was
"mickey drexler" Discussed on The Dave Chang Show
"And in a store. It's the same thing. GimMe Gimme a come into the store or into the restaurant. Please don't make like I'm doing you a favor by being here. Will you'll doing me favored by checking my name off the list. That's then I'll never visit again if you were going to start a new company and it wasn't working with your son just to give some insight inside us to what you think the future is going to hold. What would you open up as a store? Well company what. I did the day after I left gap Don said to me A. He said well a by way. The gap business when I started I had a list of all those products for starter is hello thirty years ago I had them. And then there was gaps a change it if I would do. I think there's some pretty good players I would do if I if I had to do something I would want to. Things domination by a category or open up Probably I really do and I said this to sears. Kmart years ago I said make sears. The most important apparel company in America classics. You have great archives Selma great prices and take this thing. It's kind of old navy in a way because I thought old navy in the old days very promotional now it wasn't a promotional old navy was in fact and maybe it was right because it's eight billion in dollars. I thought I thought old navy was kind of the future. Then that was twenty years twenty five years ago if I had opened something up today and I want to have fun fun. I pick a category two or three and just own it like crazy point of view. You know it's kind of like what the sneaker company any old birds did And the question there is. Will it survive with one product. And but you know I. It's what I do. I think it's easier your list complicated fun right anything else that you wanna tell me what I don't know whatever I'm thinking. The answer in food is I'm. I'm not sure what what what what what you just explained it. Yeah yeah focused its value. It's one of you. I like being the best you can possibly possibly be with focus can can stores that sell clothing still exists when win Online retailers only to become more powerful a one hundred percent. I say that because you can't feel feel it you can't touch it return rates a high and I think cool stores here stay is just not a lot of them you. Oh you walk around and tell me what you think the apparel offerings in America and I don't know who can afford to buy designer clothes I know they sell them but Maybe you know I live in Bronx prices so I I look at designer clothes. Although my son was making why was complaining about pricing his dad. Would you pay Pavia Jacket. He he knew kind of where I got it and I didn't answer but amortize my clothes. Yeah I don't want to throw things out but walk around. You'll see what what what's going on in the air. It's not let us great stuff did you. You say you guys are opening a new store what we were looking in the Gauche eating right now for another store in much more traffic location and I swear my conservatism comes in. I'm very nervous about paying the rent and and we pay the rent. It's not like Hello Bank. Pays the rent is not it. There's no venture money I I enjoy not negotiating with someone on an idea But we're tiny tiny and but everything starts tiny Walmart had made a bucket. I I would bet that Alex will not be tiny much longer route. Which I hope you're right but as long as we have fun doing it absolutely well honored to have you? I know you don't do too many interviews news so I was shocked that this happened to begin with our our mutual friend. Bill set it up and and I I like people.
"mickey drexler" Discussed on WCBS Newsradio 880
"At West Point today, Vicky Allen, we'll have the latest on that coming up in five minutes at the top of the hour. Now it is seven fifty five WCBS as we take a check of Bloomberg money news. The Dow up one hundred eighty one points today. Twenty five thousand seven twenty s and p was up seventeen the NASDAQ was forty-one points on the day. See radio. I'm Ray Hoffman. You can condition consumers to wanna buy almost anything, that's in style, and it's important to have a vision for what people are going to relate to those are the two basic themes, that Robin Koelner learned when she worked for one of the legends of retailing Mickey Drexler who played a large role in creating casual Fridays when he built the gap into a major brand after which he did it all over again. A J crew. And today is founder and CEO the social and digital marketing firm digit star media, Robin Kohner continues to apply what Mickey Drexler totter about the marketplace, because so much of what went on even in the days that I started was that there was a very long supply chain from any factoring clothing accessories shoes. So you really had to understand the. Tumor I and that has never left me understanding, the consumer is really at the core of what digital and social media is all about building relationships with your fan base and being able to speak to them online. The CEO radio podcast is radio dot com. I'm Ray Hoffman. Capital. One knows life doesn't alert you about your credit card. Brian to the khaki shorts your energy, Bill went up sixty percent this month. Stand clear, the closing doors. So, you know, the Capital One assistant, the catches things might look wrong like increases to a recurring Bill than sentinel to your phone, and helps you fix it. Iino another.
"mickey drexler" Discussed on Pop Fashion
"Or or are they just going to be like, let's pay the money to shut this case down, and then they just continued going forward on their name. Meaning that like they're hoping that people look past the racism in order to buy the clothes because the closer beautiful and. It's just so profoundly awful just makes my skin crawl thinking about experiencing that especially being an employee and having to tolerate that day in and day out the employees get screwed because like the problem that she talked about like who do I go to HR because there is no HR that as a problem that scene in so many different industries, especially in retail like who do I turn to because this thing is awful. It's a real issue. Like, there's so many issues here. That's one of them. Yeah. Yeah. Where do the issues beginning end the and other news because I don't know how to transition out of that one either Mickey Drexler step down as the chairman of J crew, the things I miss I try to leave town once. Okay. Look what happens y'all last week J crew announced that Mickey Drexler is stepping down. He was their former CEO and was acting as their chairman he is leaving to work on his company called Drexler ventures. He will continue to serve as an advisor to the brand. Drexler ventures. Sounds like a whitewater kayaking. Larry's I go. I would go whitewater rafting. Yeah. Sure. Why not? I can't Email them anymore. So we might as well. Go camping or something. J crew has had a rough you months, if you're a member their website crashed over black Friday and the days following a few days after that they're thin CEO a guy named James Brett quit the company did. Couric's up the company decided not to replace them. Because why would you need to see? Oh and stead they have an office of the CEO which is currently being run by a committee of four executives. Oh that sounds like a great plan said no one ever. I mean, if you've ever watched the office, you know, that you can't have two bosses remember that period of the show or they try to have two bosses. It doesn't work having four bosses does not work because you don't understand the direction. Everybody wants to go in that is my personal commentary four bosses like. No, I'm not here to be on a committee. I'm here to make some decisions and lead a company, they need a leader. Okay. Drexler was a mentor to gentle Lyons who was very influential for better for worse over the brands in the two thousands. Also, there are rumors that the reason why James Brett left the company is that Drexler was breathing down his neck and making the board second guess his decisions. So that there is some tension there Drexler though, as legendary within specialty apparel he made such a big splash, especially during the nineties and early two thousand he led efforts at gap that turn the company around during that time. I mean, he built that brand. He launched old navy and gap kids and later J crew, he launched the made well brand. So he he made a great efforts within that company. But he was kind of behind the game. And understanding what the internet was. And that was kind of the beginning of the end for him. I personally think is that he was like this internet thing. Whatever people will always go to stores, he is currently chairman of outdoor voices and Worby Parker..
"mickey drexler" Discussed on Finding Mastery: Conversations with Michael Gervais
"But we have too many things we can't take it, and my heart dropped it was on my answering machine at the time, and I was working with Saks Fifth Avenue tuna catalog, and they all the art directors were asked me what I was doing. And I told him about this line. I'm doing with Bergdorf third said, no you've got to do it with us. I said, no, I'm with Burg door. But don't ask me how I knew to do this. I called off Bergdorf back, and I called Allison. I said, no problem. I got your message. I just wanted to let you know that sacks wants it. And she said, I'll call you right back. And then she said, we'll take it look at you. Did I know that Sam pub, that's the only way so that was the influence from early days. I think so and that's why like I think you could give me fifteen different really radical insights. And then, but if I don't know where they come from it feels like I don't really understand the insight. So now that you've just linked the insight that you did what we would call vapor marketing, right? You're using part of a story for another story to you know, to leverage in the right way. See I'm not that smart that I know would vapor marketing is or I've ever heard of it. But I understand just simple nuances. Right. But you learned it from being around. It sounds like super influential crafty extroverted gregarious good man, that's a businessman as right? And you know, and other things, you know, and other things I mean, I think I just, you know, took many years to kind of understand that my way is not, you know, anything different than just my way. You know? You're not always. So, you know, self assured that it's okay to be who I am. We're the begin to firm for you. Well, I think there was little things. I mean, certainly when ST Lodder I bought me and Leonard Lauder thought, I was just the greatest thing he's ever met that gave me confidence. You know, certainly, my husband has always been this incredible supporter to me, and then, you know, role models along the way this guy Mickey Drexler, the CEO of J crew became my dear friend, and my mentor, and now I'm his mentor, which is really a cool turnaround. And he just gave me this permission. And he gave this quote to the New York Times. He said Bobby Brown is the worst corporate citizen I've ever met an I say that with full on love and admiration, and I realized I shouldn't feel bad because I wasn't a good corporate citizen. I should feel good about who. I was more entrepreneur does that with more poor was you wanted you more more like a look nimble ship than a battleship..
"mickey drexler" Discussed on Invest Like the Best
"I so love being with the art director going on photo shoots. And literally almost in a physical way. If we're at one of those tables, I would move closer to the creative, folks. So I think there's almost a wave intending and push putting yourself out towards that place that you really love even if the job at self isn't quite that yet. So I wanna come back to the right? Writing aspect now. So how did you start to trae angle eight? This is a creative process question. Really? How did you start to triangle late on like the style that you would have or what you wanted to write about IB curious like what kind of shows, you think are excellent any of those ideas about how you'd be even begin this process. So I think it started with sell this show called transparent. I don't have you seen the Amazon. Right. Yeah. Where it's exceptional person named Joe Solloway did it, and it's about their father, and their father became became a woman when they were like when he was seventy so she now is is a woman, and so really that's the idea the show, but the way that it's shot not. So the subject is kind of one of the settlement. You don't really expect a trans woman at the age of seventy coming out. It's actually true story somewhat. But it's a show that you don't expect was unexpected topic. But more on that the way that it was shot was completely different than any of the TV show I've ever seen. It was almost it felt very organic. And it felt like you're entering into somebody's family, and sort of dealing with all their family dynamics around identity, really around. You know, who I am? I what is my gender or not. So it was it was a really fascinating show for me. And I got I that that something appeals to me about this kind of story where people are actually questioning their identity. You know, obviously, my book is called beyond the label. You know, it's still kind of thing that intrigues me. So went from there, and I started watching shows like billions and Handmaid's tale, and what are we watching? Now, we're watching succession just the richness of storytelling and oh orange is the new black. I mean, it was like I gotta do something. Here. I've always loved film. I studied film is young. I've always loved stories. I have a lot of stories to tell because I have a sort of rich pass. I think with thirteen years at one of the highest level luxury companies enrolled, while my story won't be in the way of transparent will probably touch on some things that happened in my life, but not real it would be fictional. It just felt like the right thing to do. I have no idea how to do this. I've signed up for school in New York. I took lessons I actually through a really great number of to lock in Berlin through the school met somebody who I could co right with and that's really been it. But it's kind of like almost like this weird pull that. I get it was like that miles. Davis poster on the street. You see something you go. Have it feels really vibrant to me not to mention that. I ended up going where energy is and I don't know when I started thinking about this. When I started at gap. It was right before the huge growth that we had. So it was in nineteen. I was there in one thousand nine hundred nine th from nine hundred nine to two thousand and three so eighty nine was right before the gap got great. I went to old navy gap stern. It's kind of go down. But I went to old navy, and then we built that relationship. Rocketship? I go into luxury two thousand three right before the huge luxury boom. So I kind of feel like there's for me there's energy there to you're like following not. Unlike Boyd varsity, and his tracking your fouling something that feels energetic to you. Because you connect to it a love that situation gap. It just makes me think about it. Maybe say a word or two Mickey Drexler character that I'm sure people would love to hear about a sort of an iconic CEO in his time. I'd love to hear your impression. And maybe what you've learned from him above all else. I'm always fascinated by mentorship. And kind of. Passing down lessons from one level to the next. Mickey is incredible is an incredibly dynamic person to work with and for..
"mickey drexler" Discussed on The GaryVee Audio Experience
"I made cool stuff you tricked people into going downstairs. I think my parents. Yes, we're biggest customers. Yeah. And how do you balance? Okay. First of all the first time, I met you. I had no idea who you are. I'm like, I don't know. I came in. We had to meet this person meet this person. Okay. Took a year I came in. And I'm an hour. I spent with you, I fell in love instantly. I'm like this is the coolest guy now. Everybody knows you. I would say about ninety percent of the people know you. Mickey Drexler didn't know you. I'm like Mickey now Mickey knows you. Now Mickey goes into meetings saying to people do, you know, Gary when Gary v so you're infectious, I think positively is very real. I think that intent is I think I when I try to psychoanalyze myself, which I do a lot. I really do. I I do realize what I'm attracted to and other people is what people are tracked to with me. It's why I'm attracted to you. I think people that have good intent and one thing I'm very positive of is if somebody doesn't need somebody else or wants something from somebody else, they become unbelievably infectious, and I I'm I would say a weakness of mine is my deep desire to not need anything from anybody at all times, which makes me unbelievable like likable to a lot of people, especially in the long term because I think my per. Personality and my jersey nece and my curse as I love, my bravado, especially in public settings. I think sometimes confuses people at first in the long term it really works out. I'm very happy to be charismatic and likable, and it makes me happy. I like people a lot and more importantly, I'm very fifty one forty nine. I like the leverage. And this is just the truth. I like the leverage of giving more than I asked for. It's it's my comfortable place. I it's my comfortable place. But there's gotta be days where you wake up and say, I don't wanna talk to a soul. I'm tired. I am tired. I'm exhausted. I need you gotta it's like it's yin and Yang you need to recharge. Sometimes. No, no, I recharge all I mean, I'm very into recharge ING, what time did you get up today? This morning seven set forty seven. Okay. So you did not exercise this morning from Sunday. You have a trainer I do that comes everyday everyday travels with me. That's awesome. That was I really gotten interested in why people that can afford. It are more likely to buy a painting than to buy done to hire somebody fulltime to travel with them and make them healthier. I'm fascinated by this. I'm fascinated by that. I Don things fascinate me that people wanting to buy things over buying time comedians or health is something I'm spending a lot of time thinking about that's amazing, especially as I'm entering the health world. There's nothing better than being healthy there's writing and by the way jumping to mental, you know, back to stress anxiety things of that nature jumping from kind of like food and cardio and things of that nature. I think everybody's different right? Like, I think everybody needs different things. I know what my strengths and weaknesses are on the meant on the recharging thing. It's really interesting. I've. Said this before and I think people gloss over it. The New York Jets are a big refresher for me because. When you're an entrepreneur, you know, since I've been twenty two years old the thing that I'd probably take the most pride in is that from the day. I graduated schools from day I came home from mount Ida college to this second. I have been the last stop in the business that I'm in. I'm the operator the buck falls with me. And you know, this and anybody listening knows this the level of anxiety when you have to worry about everything..
"mickey drexler" Discussed on 77WABC Radio
"Was very charming i listen it was very good id told me that he was one of the inventors of bucks a briefs really yeah uh and that's one of the great mentioned time and writing about of the wheel i wear them all the time ourselves but so you're back it ralph now you're design director then what and then i worked it gap i gotta working gap with mickey drexler and when it was great when it was great i was there are actually two times in between j crew and ralph i worked a gap for four or five years and then went three companies through times yet through of us who very unusual yeah it was very i didn't play but it does happen is very when when mickey i i worked with them i knew him from afar my first go on in the second go i i got to know him really well and then when he when i was a gap he laughed and then invested in j crew and then i got i got a phone call buddy later saying would you want to run men's here and for me that was like a dream work with him mentioned crew work of j crew and do something that you know there is a really big void the marketplace especially in men's were that in a banana had kind of fawn off and and there was really nobody doing kind of this direct consumer men's where peace and it was exciting it was exciting time for j crew this was two thousand uh it was put on the map again all over the country huge success there is great i mean it it really kind of define men's were at the time it also defined women's or at the time as well i mean they're going through troubles but you know when i was there there were probably eight hundred million dollar business when i left it was about a two billiondollar business i did a show if you allow me.
"mickey drexler" Discussed on 77WABC Radio
"The designers i kinda learn my way into the system you know i'd i'd call the front desk and they were never give people's name and i we kind of figure out a way to get a hold of the designed directors and kind of worked my way into it and somehow you know they allowed me to come in an interview good questions yeah i mean that was bernie no i mean i think the biggest thing we just the tastes level they can i want to see what your tastes level is i brought my my sketch pad and everything i was doing and i think they were this is again back in the 80s arisen lot internships i don't think really existed it was really more the fact i was willing to work for free i permits paid my way to get here i drove here one time for an interview which is about a 20yard drive was when he out as a twenty so now you're in new york you're in turning and ralph lauren you get a job they're run truly i got a job there eventually and then i ended up getting a really good job of j crew this was back ninety two so the route once or you went by went back i have a weird career i've been pretty much i've been at ralph twice back and forth i've been j crew twice you're gone turning and ralph you get your first real job of jack rupiah was mickey drexler there at the time no he was not this was back when family owned family under arthur seniors there and emily what they're about two years got to know them well on and i got a job work you do there um i was doing men's sports were so is designed seeing doing designing designing you know tailoring and and sweaters it was a little bit more high end of what jake crew at the time was about for me it was always important to understand the mechanics of how to work with clothing and work with pets because i think it's really important that thinks that wall.
"mickey drexler" Discussed on 77WABC Radio
"Was very charming i listen it was very good you told me that he was one of the inventors of bucks a briefs really yeah that's one of the great i mentioned to note time and regulated the wheel i wear them all the time elsewhere so you've back at ralph now you're design director then what and then i worked gap i gotta working gap with mickey drexler and when it was great when it was great i was there are actually two times in between the crew and ralph i worked a gap for four or five years and i went to three companies through tonnes yet very unusual yeah it was i didn't plan that but it just happened and i was very um when when mickey i i worked with them i knew him from afar my first go on in the second go i i got to know him really well and then when he when i was a gap he laughed and then invested in j crew and then i got i got a phone call about a year later saying would you want to run men's here and for me that was like a dream uh work with him and crew yeah worker j crew and do something that you know there was a really big void the marketplace especially in men's were that in a banana had kind of fallen off and and there was really nobody doing kind of this direct consumer menswear peace and it was exciting news was exciting time for j crew this was two thousand it was put on the map again yeltsin was all over the country huge success there is great i mean it it really kind of define men's where at the time it also defined women's or at the time as well i mean they're going through troubles but you know when i was there there were probably eight hundred million dollar business when i left it was about a two billion dollars business i did a show if you'll allow me to applaud my own shan i did a.
"mickey drexler" Discussed on 77WABC Radio
"And everything and i would recall call the designers i kinda learn my way into the system you know i'd i'd call the front desk and they would never give people's name and i we kind of figure out a way to get a hold of the designed directors and kind of work my way into it and somehow you know they allowed me to come in an interview good questions yeah i mean that was number any no i mean i think the biggest thing we just the taste level they can i want to see what your tastes level is i brought my my sketch pad and everything i was doing and i think they were this is again back in the 80s arisen lot internships i don't think really existed it was really more the fact i was willing to work for free i pretty much paid my way to get here i drove here one time for an interview which is about twenty are drive was when he out twenty so now you're in new york you're a turning and ralph lauren do you get a job they're run chilly i got a job there venture and then i ended up getting a really good job at j crew this was back ninety two so worked at route once or you went balance backed i have a weird career i've been pretty much i've been at ralph twice back and forth i've been j crew twice so you're turning and ralph you get your first real job of jack rupiah was mickey drexler there at the time no he was not this was back when family on the family under arthur senior was there an emily what they're about two years got to know them well on and i got a job work you do there i was doing men sports were so is designed see doing designing designing you have you know tailoring and and sweaters it was a little bit more high end of what jake crew at the time was about for me it was always important to understand mechanics of how to work with clothing and work with that because i think it's really important that thinks that wall and now it's always been kind of the baseline of my my whole on business and kind of would i've kind of sought after learning kind of mechanics of of apparel so i kind of.
"mickey drexler" Discussed on The mindbodygreen Podcast
"Some finds enjoys you've earned the right to make those days personnel decisions and investors should just legit using sure so consumer back to the one did you know sued w you know w was pioneering autoways one did you know w what do you think i'm curious like will when that was happening what were you seeing culturally where he said like we have something we're capturing a moment had and doing it well and i'm also curious wanted you know like okay it's time to maybe move on you can identify trends over you seeing and then maurice seeing like w is like you know that was the birth of pottery barn and and and what i'd call affordable luxury or or like disposable her in oh and the first designer iheart came from pottery barn um i tried to get tried to get the gap a mickey drexler was there i was going to a hotel with nicky i talked to ralph lauren i talk to all these guys i wanted to do a brand boutique you know and and take it all over the country and make it fun fun what i saw was that in your asia hotels were still fun in the united states in the financial crisis people like married it taken the everyone to every costs out of the room the bath gnat left the pillow is foam the bed was a piece of shit and anaheim in literally of when i first meetings i had i hadn't conference stabilizes around doughnuts conference it will headquarters of sorrow tells and we we had eighty pillows around the table yet pills from four seasons in marriott and every company on the plan and i said well how much is that four seasons villa.
"mickey drexler" Discussed on Yahoo Finance Presents
"I mean in the industrial space year so uh driven by underlying economic indicators it's the c in health care it's about drug praising and and broader trends in the industry when it comes to retail there's so much that comes down to specific choices with merchandizing and specific management styles so when i think of execution in the retail space i'm thinking fashion choices that buyers make about what's going to be selling in a particular season you know making sure you have resort 2019 downright why does that matter for home depot or lows like what executioner choices do they need to be making right um certainly when it comes execution lake you mentioned the lot has been about merchandizing and say the old merchant kings like mickey drexler um from j crew formerly i'll gap before the end of the gop before that ho in the home improvement space though it's been very important and with home depot it all comes down to their choice of customer and with home depot they've correct lebed vat on the professional customer that's those remodel irs general contractors small business owners forty percent of home depot sales come from that customer category and that matters because they tend to spend more they're taking more trips to the sewer they're making bigger project purchases low is on the other hand gets about thirty percent of sales from this category a matt gap is significant um home depot's professional comp sales were nine point six percent in the latest quarter i mean when you compare that to the do it yourself customer at about four percent comps that really makes a difference.
"mickey drexler" Discussed on Mixergy
"Frost we figured odds no we do as a tech company we don't have natural resources he basically have just that be that that we own and that that we kind of put bring together so we started to investing into company culture so literally tweeting it as as in return best recommend vest and company culture what can we do a ransom playa branding and ammuna jet just as you do would do on the marketing rights and that kind of pedal supersub awhile for us and an increase come the loads of of of de members with with the company and i'm on and brought us to the next level and monte think am mickey drexler of j crew failed he's the guy who was behind gap he's a i mean to close it out at a gotta ask your opinion about it next is a company that in an entrepreneur super successful right now are struggling why do you think i i think look um it's it's um it's different industry in a way because of course it's also fashion but am in and i i don't think that this communist you know for j crew but a thing is gend more general commons run all fashionindustry ab people thing that buying in the running of fashion offense does the same thing is running in on the business but it's not today offline guy you need to be the best around finding real estate you base q real estate agent who knows how to windowdress shop right yeah and do bit of britain paeon branding that actually is really i'm not a real good real estate guy that's why wouldn't be able to run an offense but actually running an ominous was complete different it's way lamont datadriven tech trimmed speed driven everything something every day something else happening so and the company culture lyonnaise just they're very different so it's it's completely different business i think those people never made the transition never realized that they thought selling alleged sama selling off antena just just the trapped the trent us against them because an amendment that moment twelve forty percent benny which country look look at if you look at it by generation cansano 25 spent fifty percent of the money online and as desk dose kits gone gonig rob fifty percent of of of the spanish gonna be a monthsold basically half of the companies often will disappear.
"mickey drexler" Discussed on 77WABC Radio
"Is everyone replaceable can everyone be replace in to see yo since raja farah to new guys came in his everyone replaceable is anyone you replaceable i wonder where taught to believe that everyone can be replace why did roger farah have to leave while mickey drexler michael jeffries for that matter here's the thought shouldn't the the companies involved understand the importance of those men to their organization did these companies involved himself and think it through politics is ugly in washington politics his ugly on wall street and politics is ugly fashion can anyone the replace the board it's our founders consider how important these executives were to the organisation did they do the due diligence so what might happen if they left did they understand the unintended consequences of losing powerful smart perhaps brilliant men did they consider carefully enough the choices for replacement did they understand the core values of these men in all of these cases the fortunes of these great companies just not the fortunes you would want or predict his anyone replaceable is everyone replaceable not just anyone can replace successful business executives i'm gonna take a break when we come back we'll continue to wonder whether anyone and everyone is replaceable ways in cash.