Gap: Mickey Drexler
Wisdom From The Top with Guy Raz
00:00
The Legacy Companies Are Having a Hard Time
J. Crew sales shrunk for the first time since 2003 in 2015, but made well outperformed J. Crew that year. The legacy stores have "lost their edge" and are getting familiar, says Williams-Sonoma's chief executive officer. He also thinks big is the enemy to a degree in one sense: People don't care so much about them now.
Transcript
Play full episode
