Sunday , September 25 2022

J.Crew CEO leaves after a clash with Mickey Drexler, the company's owners



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CEO James Brett leaves about 16 months after disagreements with long-term leader Millard "Mickey" Drexler about the Board's strategies and concerns about his spending plans, according to people familiar with issue .

Despite recent improvements in J.Crew's sales, Mr Drexler did not agree with Mr Brett's decisions to sell some garments to Amazon.com Inc. and expand the variety, said two of the people. They said that Mr. Drexler felt that such moves cheaper the brand, which …

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