Instant Alert: The 25 most influential people in retail

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   The 25 most influential people in retail by Mallory Schlossberg on Dec 1, 2015, 1:39 PM Advertisement The retail industry is incredibly competitive, especially as fewer and fewer young people spend money on "things." But some people in the retail industry are very innovative and powerful. These are some of the most influential people in the industry who shape the way that we shop. SEE ALSO: The top 100 brands for millennials Mickey Drexler Who he is: Drexler is the Chairman and CEO of J. Crew. Why he's influential: Drexler has been called the "Merchant Prince." He worked at Ann Taylor and Gap before helping shape J. Crew into a huge success.  Drexler's team is also powerful. Creative director and brand president Jenna Lyons is known for quirky sartorial taste. Somsack Sikhounmuong helped define Madewell's signature "cool girl" look, and now J. Crew is hoping that he'll help reshape the core brand. He was tapped to spearhead J. Crew's women sector during a major corporate shakeup in June. Amancio Ortega Who he is: Amancio Ortega is the co-founder of Inditex, which houses the fast fashion behemoth Zara. He's the second richest man in the world. Why he's influential: Ortega was the richest man in the world for a few minutes, Forbes reported. Inditex — and Zara — are reshaping the way people think about fast fashion and challenging the industry by churning out runway-inspired designs at a rapid pace. Who he is: Mark Parker is the CEO of Nike. Why he's influential: Few companies innovate as steadily — and as competitively — as Nike does. Parker has been praised for his leadership abilities. See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011