Owner, Arcadia Group (including Bhs)
Sir Philip Green outside of the top 10? Well yes, actually. Unlike other “power” lists, just “being big” doesn’t cut the mustard in the Drapers Top 100. It’s not that Green has done a bad job, far from it - Arcadia’s profits were up 6.4% to £213.2m for the year to August 28 - but he slips down the rankings simply because he hasn’t done much more than sit tight and ride out the trading storm.
Sure, he has brought some of his Arcadia labels (mainly Wallis, Dorothy Perkins and Burton) into selected branches of Bhs but this has hardly been market moving. But it’s an interesting strategy that could have Debenhams on the run if Green ups his game on the marketing and store design fronts.
Perhaps his most surprising decision this year was to draw a line under the Kate Moss for Topshop collaboration. Its success has been dramatic and it is doubtful that Topshop would have achieved anywhere near the success it has in New York without the supermodel’s endorsement. This isn’t the end though - Moss will be back for special projects including perhaps a lingerie and cashmere capsule collection next year.
Meanwhile, Green’s influence in government has gathered pace after he was appointed spending tsar by David Cameron. It can only be a good thing for the fashion industry that a mouth as loud as Green’s has the PM’s ear.