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Top 100: 13. Ray Kelvin

Founder and chief executive, Ted Baker

A massive fan of the bear hug, Ray Kelvin has guided his menswear and womenswear business to new heights this year. While other high street names were still girding their loins, Ted Baker set about opening stores in London, New York and Tokyo, launching a free digital portrait service, Ted’s Drawing Room, and a competition to find print designers from UK university design courses. The business delivered a 10.4% rise in pre-tax profits to £9.4m for the 29 weeks to August 2011, as group revenue surged 15.4% to £118.6m in its first half. Online sales rocketed 82.4% to £6.2m following a “very positive” response from customers after the launch of its m-commerce site in April. The momentum continued in the 13 weeks to November 10, when sales soared 22.1%. Kelvin remains hands-on at Ted and deserves his surge up the rankings.

Did you know? Ted Baker is an anagram of Bed Taker.

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