outlet shopping
The Off-Price Fashion Retail Revolution Is Here
New competitors and Gen-Z consumers are forcing much-needed evolution in the space.
Mickey Drexler 'Hijacks' Financo Forum, Says Luxury Labels Aren't Telling the Truth about Outlet Sales
Mickey Drexler, the outspoken and charismatic CEO of J.Crew, made a whole bunch of fashion company CEOs super uncomfortable at yesterday's Financo forum. According to the Financial Times, Drexler "sensationally hijacked" a meeting about retail strategy to rail about how luxury companies don't acknowledge how important outlet sales are to their business.