Latest news with #MickeyDrexler
Yahoo
31-05-2025
- Business
- Yahoo
How retailers are navigating tariff uncertainty: Former Gap CEO
Retailers are "scared to hell" about the tariff landscape, Mickey Drexler, former CEO of Gap Inc. (GAP) and former chairman of J. Crew Group, tells Madison Mills and Brad Smith on Morning Brief. Watch the video above to hear more from the retail veteran. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


New York Post
22-05-2025
- Entertainment
- New York Post
NYNext Guide to: The Hamptons Power Circuit
Forget the power lunch. In the Hamptons, power-brokering is an all-day affair. Titans of industry, A-Listers and up-and-comers mix-and-mingle from sun up to sun down and into the wee hours — at humble breakfast haunts, unassuming beaches and buzzy restaurants owned by billionaires with more interest in relevance than revenue. 19 From sunrise sound baths to sunset negronis, NYNext's guide maps out a full day of power in the Hamptons. New York Post Advertisement Here is NYNext's guide to the Hamptons power circuit, from morning to night. Morning Carissa's the Bakery 221 Pantigo Road, East Hampton; 68 Newtown Lane, East Hampton; 3 Bay Street, Sag Harbor 19 Owner Carissa Waechter stands behind the counter of Carissa's the Bakery on Pantigo Road, which opened ahead of the 2019 summer. Merlin Productions Spotted: Mickey Drexler, Justin Bieber, Katie Couric, Stanley Tucci, Ina Garten Advertisement The vibe, from someone who knows: 'Carissa's feels like a shrine to the beautiful and aspirational life that so many of its customers already have. The Italian marble that graces its Sag Harbor location costs more than most coffee shops could hope to make in a year.' A James Beard Award winner, Carissa's draws a connected crowd to its three locations. Well-heeled Hamptonians queue up for perfect croissants, hearty Slavic-style black fennel bread and the famed beet-and-kimchi reuben. Sure, you might have to wait a half hour, but you never know who you'll see. Advertisement Estia's Little Kitchen 1615 Sag Harbor Turnpike, Sag Harbor 19 Estia's, located directly off of the Sag Harbor turnpike, is a favorite among bankers and celebrities. Insiders told NYNext that the huevos rancheros can't be beat. Estia's Little Kitchen Spotted: Drew Barrymore, Mariska Hargitay, Blackstone's Jon Gray, Justin Timberlake's lawyer Eddie Burke Jr. Advertisement The vibe, from someone who knows: 'Estia's unassuming exterior belies the net worth of those eating inside.' This cantina off the turnpike has a low key vibe — paper napkins, reasonable-for-the-Hamptons prices — but it's a favorite among East End power brokers and celebs with a taste for simple, farm-to-table Mexican fare. Be there when the front door unlocks at 9 a.m. or prepare to make yourself comfy in the 'holding' garden, where restaurateur Colin Ambrose grows much of the produce used in dishes like his famed huevos rancheros. Equinox Hamptons 204 Butter Lane, Bridgehampton 19 Equinox Hamptons is a seasonal pop-up housed in a 1920s potato barn in Bridgehampton. The gym offers numerous workout classes including MetCon3 and Stacked. Equinox Spotted: Alex Rodriguez, Jennifer Lopez, Ty Jerome, Braxton Berrios The vibe, from someone who knows: 'The simplest gym you'll ever be caught working out next to an NFL quarterback in.' Advertisement Nicknamed 'The Lodge,' this seasonal pop-up in an old potato barn trades city steel for reclaimed wood and artificial black turf. Visit the Atrium for signature classes such as Stacked, and the Courtyard for strength training on beautiful, high-end machines. 19 At Equinox Hamptons, workout classes are held in an open-air space called the Atrium. Equinox After your workout, grab a Bonberi juice from the café bar and recover with a cold plunge and a stop at one of the Therabody stations. Advertisement Shou Sugi Ban House 337 Montauk Highway, Water Mill 19 The five-acre Shou Sugi Ban House is equal parts zen temple and wellness lab. Fredrika Stjarne//Shou Sugi Ban House Spotted: Stella McCartney, skincare guru Dr. Barbara Sturm, Kate Hudson Advertisement The vibe, from someone who knows: 'If Jaclyn, Kate and Laurie from 'The White Lotus' had known about Shui Suig, they likely could've skipped Thailand altogether.' At this serene, five-acre wellness resort and day spa, guests rise with the sun for guided breath-work and end the day with seasonal broths prepared by the on-site culinary team. The hours between are filled with lymphatic drainage, sound baths, colon hydrotherapy, reishi mushroom facials, Tok Sen massages, Shamanic healing sessions and crystal journeys. 19 The meditation pavilion is a serene venue for sunrise breath work. Fredrika Stjarne//Shou Sugi Ban House Advertisement As one insider put it to NYNext, it's one of the few places 'you can discuss unpasteurized milk — or your preferred form of colostrum — without getting a strange look.' Afternoon Sunset Beach 35 Shore Road, Shelter Island Heights 19 The iconic Sunset Beach is, as one source told NYNext, 'the closest thing you can get to a European feeling beach club out East.' Merlin Productions Spotted: Karlie Kloss, Jon Hamm, Liev Schreiber The vibe, from someone who knows: 'It is the closest thing you can get to a European-feeling beach club out East. The yellow-striped umbrellas and outdoor games truly make you feel like you landed in the French Riviera — hence its nickname, PMS or 'Poor Man's St. Tropez.'' On any given weekend, dozens of yachts moor outside André Balazs' stylish beachfront hotel and restaurant, with tenders ferrying owners and guests to shore. 'The whole experience is about arriving by boat,' one frequent diner told NYNext. Once on land, guests disperse to a beachside 'sandbox' designed for larger crowds, a covered middle deck or a top sun deck that functions as a sort of a private club for friends of Balazs. 19 André Balazas doesn't miss, and his restaurant at Sunset Beach is no exception. Merlin Productions When the sun goes down, the west-facing beach is an ideal venue for sunset Instagram pics. The party continues into the wee hours, with both the kitchen and dance floor staying open late on especially busy nights. Gibson Beach 239 Gibson Lane, Sagaponack 19 At Gibson Beach, the crowd skews older, richer and quieter. Locals have dubbed it 'Media Beach.' The Access with Dignity Project / Facebook Spotted: Jimmy Fallon, Matthew Broderick, Neil Patrick Harris The vibe, from someone who knows: 'The epitome of quiet luxury.' While twentysomething VCs, off-duty pro athletes and influencers line up to catch a wave at Montauk's famously performative Ditch Plains, Gibson Beach is for those who prefer discretion. The crowd skews older, richer and quieter. It's the kind of place where the media class can sun itself without fear of bumping into anyone with a ring light. Gibson is so exclusive, in fact, the village recently moved to wrest control from the town — setting off a public-vs-private beach access fight. 19 Two surfers at Ditch Plains take in the rolling waves. The beach is less exclusive than Gibson Beach. Gordon M. Grant The beach is also notorious for having zero cell service (which many say is part of the appeal). Some hedge funders have been known to bring Elon Musk's portable Starlink satellite broadband dish to enjoy fast internet and avoid dropped calls. No website. Duryea's Montauk 65 Tuthill Road, Montauk 19 There's a lot to like about Duryea's, which sits right up against Fort Pond Bay. But the restaurant may be to blame for the return-to-office push, as it was here that David Solomon was reportedly approached by a junior employee enjoying a leisurely lunch on a weekday during the summer of 2023. Duryea's Montauk / Facebook Spotted: David Solomon, Julianne Moore The vibe, from someone who knows: 'Sitting at Duryea's with the sun and the breeze and that tomato salad and those oysters feels like a little slice of heaven.' The restaurant best-known for its $100 Lobster Cobb salad — yes, it's worth it — is mercifully back this season despite an ongoing dispute with the town over its septic system. After much clamor, both the flagship outpost in Montauk and the Orient Point location are open for lunch and dinner reservations — much to the relief of both seafood enthusiasts and the restaurant's owner, Apollo CEO Marc Rowan. 19 Sources tell NYNext that the $100 Lobster Cobb salad is worth every penny. Duryea's Montauk / Facebook Just be careful who you run into. In the summer of 2023, David Solomon reportedly had an encounter with a junior Goldman Sachs analyst enjoying a leisurely weekday lunch. The incident supposedly led to Solomon putting the kibosh on remote work. Evening The Surf Lodge 183 Edgemere Street, Montauk 19 The Surf Lodge in Montauk has been a nightlife mainstay since it reopened in 2008. Merlin Productions Spotted: Malia Obama, 50 Cent, newlyweds Jake Bongiovi and Millie Bobby Brown The vibe, from someone who knows: 'Legendary. The see-and-be-seen place in the Hamptons for more than 20 years.' Built in 1967 as a divey surfer motel, the Lodge has become an icon of Hamptons nightlife thanks to Brazilian businesswoman Jayma Cardoso. In 2008, she reopened it as a boutique hotel, restaurant and concert venue. The Lodge hasn't seen a slow day since, with people regularly shelling out as much as $10,000 for a table at the club and the coveted wrist-bands that let you close to the DJ booth. The outdoor stage that backs up against Fort Pond is the main attraction. Over the years, it's hosted performances by Willie Nelson, John Legend, Courtney Love, Halsey, Leon Bridges and many others. 19 The stage atop the deck behind The Surf Lodge has, over the years, hosted performances from John Legend, Courtney Love, Halsey, Leon Bridges and many others. Christian Johnston, Merlin Productions Despite the town's efforts to rein in the good times — at present, outdoor musical performances must end by 8 p.m. — the Lodge still attracts a young, cool crowd of artists and fashionistas (and, yes, plenty of finance bros as well). Le Bilboquet 1 Long Wharf, Sag Harbor 19 At Le Bilboquet, Sag Harbor's most theatrical dinner scene unfolds amidst flickering candlelight, seafood towers and strong negronis. Merlin Productions Spotted: Gwyneth Paltrow, Kendall Jenner, Eric Schmidt, Hugh Jackman The vibe, from someone who knows: 'Bilboquet may be one of the only restaurants where every one of the half dozen maître d's has a fancier watch than you do.' Despite its French-leaning menu — foie gras, Dover sole, the signature Cajun chicken — Le Bilboquet is more social club than fine dining institution, which is fortunate because the quality of food today isn't quite what it once was. Tables turn slowly and waitstaff move even slower, but no one seems to mind. At night, the place really comes into its own when DJs such as Olivier Meiji turn up the music. 19 The dining room at Le Bilboquet looks out on the picturesque Sag Harbor marina. Le Bilboquet The glamor is backed by investors Ron Perelman, Eric Clapton and Steven Witkoff, who help subsidize employee's generous salaries. The trio helped the Upper East Side mainstay reopen on East 60th Street in 2013, and then expanded the empire to Sag Harbor in 2017 and Palm Beach in 2021. This story is part of NYNext, an indispensable insider insight into the innovations, moonshots and political chess moves that matter most to NYC's power players (and those who aspire to be). Tutto il Giorno 56 Nugent St., Southampton; 16 Main St., Sag Harbor (and Tutto Caffe: 55 Main St., East Hampton) 19 Tucked behind Tutto Il Giorno's shingled façade lies a garden patio that feels more like a Mediterranean daydream than a Hamptons restaurant. Eric Striffler Spotted: Calvin Klein, Sarah Jessica Parker, Keith Richards, Caitlyn Jenner, Bridgehampton Motoring Club owner Matthew Ammirati The vibe, from someone who knows: 'It's romantic enough to feel special but simple enough to go everyday — that is, if you don't mind paying $40 for a bowl of spaghetti.' Between Tutto Caffe — an Italian-style cafe and bar that opens at 8 a.m. — and the two main outposts, which open for aperitifs at 5:30 p.m., you could, conceivably, devote a whole Hamptons day to Tutto. It would be a very pleasant one. 19 The pasta dishes at Tutto Il Giorno lean simple but seductive — house-made, perfectly al dente, and dressed in sauces that taste like nonna's from abroad. Eric Striffler Co-owner Gabby Karan de Felice — daughter of Donna Karan — opened the restaurant with husband Gianpaolo de Felice and friend David Mayer, designing the spaces with the soothing neutrals and stylish minimalism the Karan name is known for. Send NYNext a tip: NYNextLydia@


Hindustan Times
22-04-2025
- Business
- Hindustan Times
Former top CEO reveals the one respectful word he never wants to hear from his employees
A former CEO, who headed major clothing brands like Gap and has revealed the one respectful word he hated hearing from his employees throughout his career, according to CNBC Make It. 80-year-old Mickey Drexler, who is now the chairman of clothing brand Alex Mill, has said that throughout his career he made sure that his colleagues and employees addressed him like a regular person and used only his first name. Revealing in a LinkedIn interview that he preferred to be on the same level as the people working around, Drexler said that he never let anyone address him as "mister". 'No one can call me 'mister.' I don't care who it is. Even in restaurants, I [tell people to call me] Mickey, that's it. I want them to feel not beneath me," the 80-year-old said. Drexler is credited with turning Gap into a $14 billion powerhouse and founding brands like Old Navy and Madewell. He was also an Apple board member for 16 years, serving from 1999 to 2015. But Drexler refuses to let his accomplishments make him appear better than any of his employees and wants other bosses to adopt a similar outlook, emphasising connecting with colleagues as an essential part of leadership. ″You have to connect to the team. You can't be in your ivory tower ... You don't learn in a bureaucracy [or] in an office," he said. Drexler connects with colleagues, entry-level or executives, by asking easy, open-ended questions about their work or background. He calls it 'schmoozing,' but others might see it as small talk or casual networking: a friendly, informal way to build rapport. 'Meet all the people,' said Drexler, adding that small talk is a skill he developed as an executive, not something he's always done. 'Be a normal [person], not [an] ivory-tower person who thinks they're smarter than everyone. ... You never learn [something new] unless you have a relationship with someone," he said.