Mike Jeffries | |
---|---|
Born |
Michael Stanton Jeffries July 15, 1944 |
Nationality | American |
Alma mater |
Claremont McKenna College Columbia Business School London School of Economics |
Occupation | Businessman |
Known for | Former Chairman and CEO of Abercrombie & Fitch - reestablishment founder |
Spouse(s) | Susan Hansen (separated) |
Children | Andrew Jeffries |
Photo used in Salon.com interview |
Michael Stanton Jeffries (born July 15, 1944) is an American businessman. He was chiefly responsible for reestablishing the clothing company Abercrombie & Fitch and developing its modern brand image, and was CEO until 2014.
Jeffries was born in 1944, the son of Shirley and Donald R. Jeffries (1918-1985). Born in Oklahoma, he grew up in Los Angeles, California where his father owned Party Time, a chain of party supply stores.
After high school, Jeffries attended Claremont Men's College (now Claremont McKenna College) where he graduated in 1966 with a BA in Economics. He received an MBA from Columbia Business School in 1968 and also studied at the London School of Economics. That same year Jeffries joined the management training program at Abraham & Straus, a now-defunct New York City department store. During this time Jeffries worked along with Allen Questrom (of J.C. Penney) and Millard S. Drexler (the previous CEO of Gap Inc., who now works at J. Crew).
In 1984, Jeffries founded Alcott & Andrews, a brand targeted at career women. The brand was initially successful, but in 1989 it fell into bankruptcy due to overexpansion, and closed. Afterward, Jeffries took a position at Paul Harris, a Midwest clothing chain.
Jeffries was hired by Leslie Wexner (CEO of LBrands, then named The Limited) to invigorate Abercrombie & Fitch. The company, founded in 1892, had been purchased by Limited Brands in 1988 after bankruptcy. Jeffries is considered to have been the main creator of the new look for the company, saying that he wanted A&F to "sizzle with sex".