Word: crews
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Dates: during 2000-2009
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...system, though, isn't flawless and neither is Drexler. In the fall of 2005, J. Crew stocked heavy sweaters and classic styles, then watched the temperature rise and shoppers recede. Yet that misstep paled next to the one that ended his reign at Gap in the late 1990s, when Drexler overreacted to fast-fashion chains like H&M and took Gap trendy, alienating its core khaki customer. That call, exacerbated by an overaggressive store expansion, led to his forced resignation...
That's why growing smartly--instead of quickly--consumes Drexler. Last year J. Crew added just 25 stores; this year 35 to 40. "We don't want to be bigger faster," Drexler told analysts. "We want to be better faster." Consider Madewell, a new store that could rival his creation of Old Navy for Gap. Clothes at Madewell are casual (hoodies, bubble tunics) and cost 20% to 30% less than J. Crew's. While Drexler drove Old Navy from zero to $1 billion in sales in four years, the plan at Madewell is slow growth: five new stores...
Where did this leave the Cincy crew? With 75% of the clients--if they could keep them--but no identity at all. "As president of Tom Peters Co.," says Gregg Thompson, Bluepoint's president, "I could walk into any executive office and be welcomed." On the other hand, prospects could feel threatened by Peters' destroy-to-create anthem and confused by his welter of enthusiasms...
Then again, the Republicans are fielding a motley crew right now: if you count Newt Gingrich, who'll probably join the fray in the fall, the four leading candidates have had nine marriages among them: Giuliani three, Gingrich three, McCain two and Romney one. The Republican faithful are left with a devil of a choice: moderate candidates who live like liberals, or religious conservatives who talk like liberals...
...Wilkins puts it this way: “You don’t get to say that usually, at least not without getting funny looks.” Though feeling the pressure associated with the week before opening night, Benjamin says she is pleased with what the cast and crew have accomplished. “I’m excited about the production because, at the very least, it’s just something a little different and a little more unconventional, and I think that’s good for people to see,” says Benjamin...