It’s interesting, in all the breathless reports about Fast Retailing’s maybe-possibly-hope-so acquisition of J Crew, Andrew Rosen has not really figured. It’s all about Fast’s chairman, Tadashi Yanai, and his desire to acquire, along with the accessible luxury brand, its CEO, Millard “Mickey” Drexler (though presumably creative director Jenna Lyons is also a plus). Yet Mr Rosen, who is a group senior vice-president of Fast Retailing, and instrumental in their US operation, being the CEO of Theory and Helmut Lang (which Fast bought fully in 2009), happens to be very, VERY (I could say that again, but won’t, because I think you get the point) good friends with Mr Drexler. See where I’m going with this? Read more
© The Financial Times Ltd 2016 FT and 'Financial Times' are trademarks of The Financial Times Ltd.