Drexler: Walmart should have bought J.Crew
Retail veteran Mickey Drexler, the former CEO and current chairman of J.Crew Group, has never been afraid to speak his mind.
Speaking at the New York Times' DealBook Conference on Thursday, Drexler said he did not understand Walmart's acquisition of online clothing retailer Bonobos, and that the discount giant should have bought J.Crew, reported CNBC.
Drexer also said that "things have been miserable in retail," and that "the last two or three years have not been fun whatsoever," according to the report.
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Speaking at the New York Times' DealBook Conference on Thursday, Drexler said he did not understand Walmart's acquisition of online clothing retailer Bonobos, and that the discount giant should have bought J.Crew, reported CNBC.
Drexer also said that "things have been miserable in retail," and that "the last two or three years have not been fun whatsoever," according to the report.
Click here to read more.