Chief executive, Republic
With young shoppers’ purse strings squeezed tighter than ever, Republic has felt the pinch this year. Contending with tough trading conditions, Tim Whitworth reportedly asked banks for increased financial flexibility and also revised the business’s total store ambitions from 250 to 200. In June, Republic told Drapers it didn’t have enough stock to go on Sale with others on the high street, making it a less compelling prospect for shoppers. It’s not all bad news though, as the young fashion chain has seen strong growth online and has increased its offer by adding a new own label.
What they say about him… One industry figure reminisces: “When Tim introduced his friend Carl Brewins to his parents and told them they were going to open a shop together, they weren’t very happy.”
Last year’s position 39