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What will happen to J.Crew without Mickey Drexler as CEO?

Mickey Drexle is stepping down as chief executive of the retailer, despite a reputation as among the greats in apparel retailing based on leading a turnaround of Gap and creating its successful Old Navy chain. “I applaud Mr. Drexler for admitting it was time for change and then taking himself out of the game,” says Mark Ryski, CEO of HeadCount Corporation. “Apparel seems to be one of the most disrupted categories and consequently one of the most challenging. Changing of the guard is net positive, but James Brett will have his hands very full trying to find a new, sustainable path for J.Crew”.  Read the article