Fashion

Retail Week ranks most influential retail leaders 2019


Retail Week’s ranking of the industry’s top 100 most influential
individuals sees Tesco chief executive Dave Lewis top the 2019 Retail Week
Retail 100 list.

Ranking the sector’s 100 most influential individuals, the Retail 100
celebrates leaders who are transforming retail, speaking out, innovating,
making headlines and driving growth.

This year’s list, produced in association with ChannelAdvisor, Good Growth,
Infor Retail and O2, sees Lewis take the top spot having overseen another
stellar year for Britain’s biggest grocer.

Lewis has helped Tesco achieve a dramatic turnaround, from a 6.4bnl pound
loss four years ago to pre-tax profit of 1.7bn pounds in the year to
February 23, 2019, with group sales up 2.9 percent.

According to Retail Week, the role of traditional leaders – once hailed for
their power, status and dominance – is no longer as important as it was.
Today’s workforces demand leaders who inspire, who change the status quo
and who put people at the heart of their businesses. And the Retail 100
reflects this evolution.

This 2019 list sees 29 new entries, encompassing more challenger brands and
emerging retailers than ever before, and 18 female leaders are recognised,
the highest number in the list’s history, with nine further women
identified as ones to watch.

Comparatively, Arcadia boss Philip Green has become the list’s biggest
faller, dropping 22 places on 2018 following a year of personal
controversies and Arcadia’s ongoing financial woes.

In second place is Jeff Bezos, the Amazon founder, followed by Mike Ashley,
Chief Executive and founder of Sports Direct. Primark’s Chief Paul Marchant
and Next Chief Executive Lord Simon Wolfson round out the top five.

The annual list is decided by Retail Week’s team of expert journalists who
decide the rankings based on the headlines in 2019, whether or not the
individual is a spokesperson for the retail industry, if their business is
innovating the sector, financial performance, and volume of the retailer’s
UK sales in comparison to group sales.

The highest placed woman is Paula Nickolds, Managing Director of John Lewis
department store, who ranks at number 12. The highest new entry is Mark
Parker, the Chief Executive at Nike, ranking 21st.

Article credit: the Retail Week Retail 100 2019 report



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