Former Gap CEO Criticizes Kayne Gap Deal
The YZY GAP Round Jacket made $7 Million overnight from the first drop in June, says Mickey Drexler (former CEO of Gap Inc.) pic.twitter.com/JaWqeV4yB5
— Photos Of Kanye West (@PhotosOfKanye) August 4, 2021
Former Gap CEO Mickey Drexler reveals that he told Kanye West he shouldn’t do a deal with the brand.
“I probably shouldn’t say this, but I told him he shouldn’t do the deal because it doesn’t make any sense in my opinion,” Drexler said.
He added, “I have a lot of friends at Gap still, but it doesn’t work for someone like Kanye. He is not a corporate person, and Gap is a big corporation. So, I know the jacket sold out. They did $7 million on the jacket overnight. He is a smart guy, but he shouldn’t have done it. And I don’t think they should have done it, either.”
Kanye West shouldn’t have done a clothing deal with Gap, says former Gap CEO Mickey Drexler https://t.co/BjbdkU72EB by @BrianSozzi pic.twitter.com/PDfD3iTKqp
— Yahoo Finance (@YahooFinance) August 4, 2021