Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

11. Ray Kelvin, founder and chief executive, Ted Baker

Ray Kelvin, founder and chief executive, Ted Baker

Position last year: 11

Ray Kelvin and his Ted Baker empire are on a roll, after another year of growth, with increases across the board and yet more expansion. Sales for the 28 weeks to August 15 increased by 24.5% to £226.8m, while profit before tax rose 14.6% to £17.8m. Continuing the strong numbers, which only seem to go up, retail including ecommerce sales were up 20.1% to £168.2m for the half year period, with wholesale sales up 39.1% to £58.6m and licence income up 16.7% to £6.4m. Womenswear, which accounts for 57.7% of total sales, increased by 22.5% to £130.9m, while menswear was up by 27.4% to £95.5m.

Not one for standing still, one of media-shy Kelvin’s latest developments was the launch in June of & Moore, a 6,000 sq ft concept store on London’s Commercial Street that showcases all the brand’s licence products, including footwear, watches, jewellery, glasses and sunglasses, bicycles and audio products. In typical Kelvin style, he also launched the & Moore store as a virtual reality concept in partnership with Avenue Imperial, offering a 3D tour of the store, enabling customers to click on certain products to buy them online.

As the highest brand entry, Kelvin is widely respected across the industry for his quirky and innovative ideas that many aspire to emulate.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.