Fashion and Luxury CEOs Need Some Work
The Harvard Business Review annually releases a list ranking the 100-best performing CEOs and this year, only three fashion and luxury brand CEOs we’re considered.
Surprising, considering fashion and luxury brands are major businesses and corporations. The rankings, which are based on long-term performance, total shareholder performance, sales, profitability, and innovation rates, are promised, by the HBR that they do not tap into popularity and celebrity status.
Fair. But why are fashion and luxury brands so underrepresented? Perhaps the industry can use this year’s dismal performance as a means to step up their game. Let’s take the time to recognize those who did make the cut:
Pablo Isla Alvarez de Tejera, CEO of Inditex, which owns Zara: #52
Blake Nordstrom, Nordstrom Department Stores: #80
Jeff Bezos, CEO of Amazon (which is considered a luxury and fashion retailer): #2
Ally | Elite.