Power Point: Don’t flood the market

August 21, 2008, 2:06 AM UTC
Fortune

“The more you see of anything, the less special it becomes. it’s kind of like the first slice of pizza vs. the sixth. The first you’re like ‘God, this is amazing!’ The sixth you’re like, ‘Enough already.'”

-J. Crew CEO Mickey Drexler from John Brodie’s story in the current issue of Fortune on why he thinks designer goods are going out of fashion–they’re too available. Drexler spent nineteen years at the helm of the Gap before being fired in 2002 after a two-year slump. Gap Inc. announces earnings tomorrow after the market closes.