Founder, Ralph Lauren
The suave, 72-year-old eponymous founder of Ralph Lauren may have dropped the word Polo from his company’s title this year, but he has seen many gains elsewhere.
Second-quarter income from the three months ended October 1 rose 13.8% to $233.5m (£148m), with total revenues up 24.3% to $1.9bn (£1.2bn). This continued success comes down to the fact that Ralph Lauren is continually evolving as a brand. It has capitalised on the trend for preppy casuals – a look it has always done well – while the Denim & Supply range brings a cooler edge for younger customers, heritage line RRL keeps the fashion-forward workwear aficionados spending, and label Rugby, which opened its first UK store in Covent Garden this year, brings a freshness to this celebrated business.
Last year’s position 43