Mike Jeffries (businessman)
Mike Jeffries | |
|---|---|
| Born | Michael Stanton Jeffries 1943 or 1944 (age 80–81) |
| Nationality | American |
| Alma mater | |
| Occupation | Businessman |
| Known for | Former chairman and CEO of Abercrombie & Fitch |
| Spouse |
Susan Hansen (m. 1971) |
| Partner | Matthew Smith |
| Children | 1 |
Michael Stanton Jeffries (born 1943 or 1944) is an American retired businessman who was chairman and CEO of clothing retailer Abercrombie & Fitch from 1992 to 2014. During Jeffries' tenure, he engineered a turnaround of Abercrombie & Fitch from a "fashion backwater" losing $25 million yearly to a lifestyle brand grossing $2 billion yearly by 2006, though this approach courted controversy with the advertising of semi-nude models, racially and sexually insensitive slogans, and the stance of marketing to "cool kids". Jeffries resigned from Abercrombie & Fitch in 2014 after an extended period of poor company performance.
In 2023, Jeffries was named in a civil class-action lawsuit which alleged that during his tenure as CEO of the company, he engaged in sex trafficking with over 100 young men, in exchange for promises of employment for coveted modeling spots, money, and drugs. In October 2024, in a separate case, Jeffries was arrested and indicted by federal prosecutors on criminal charges of sex trafficking and interstate prostitution.