The J Crew Turnaround: The Turnaround of a Man & Company
The J. Crew turnaround implemented by Mickey Drexler is a wonderful case study on how to execute a turnaround. However, it’s especially interesting because it’s the story of both a personal and corporate turnaround. The article linked below highlights how Mr. Drexler came back from being fired as CEO of the Gap with all its humiliation, to being the savior of J. Crew. The article was written in 2005 when the company was just turning up. There are valuable lessons on turnaround strategy and a dash of inspiration for all of us in this story.
