Millard Drexler

"What works well is paying attention to extraordinary detail and not growth, for growth sake," says Millard Drexler, chairman & CEO of J.Crew, discussing what he finds works in growing his business.

The iconic American retailer J.Crew and Lane Crawford, Asia 's leading designer specialty store, are excited to announce a strategic partnership, providing consumers in Asia with special access to the J.Crew women's and men's collections through Lane Crawford's retail and online stores. 

J.Crew received no rival bid during a solicitation period and will stick with its nearly $3 billion buyout offer made by two private equity firms in November, according to Reuters. J.Crew agreed to be taken private by the two firms.

J. Crew Group Inc. on Tuesday said its president of retail and direct channels has resigned in order to spend more time with her family. Tracy Gardner will leave the company Sept. 13.Millard Drexler, chairman and CEO of J.Crew, stated, "I am sorry about Tracy's decision to leave J.Crew but I respect and understand her wish to spend more time with her children.� Tracy and I have worked together for almost 20 years and I will miss her as a great merchant, leader and business partner."Jenna Lyons, 42, who is current executive creative director, will add the title of