CNBC Television published this video item, entitled “Legendary retailer Mickey Drexler says it’s too soon to bet on a retail revival” – below is their description.
Several major retailers such as Macy’s, Target, L-Brands and Ralph Lauren all reported better-than-expected earnings this week. The results have market participants hopeful that retail may be rebounding in a big way. Mickey Drexler, executive chairman of Alex Mill and former chairman of Gap and J. Crew, joined “Squawk Box” on Friday to discuss why he thinks it may be too early to make a call on retail’s post-pandemic revival.
CNBC Television YouTube Channel
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