2006 rank: New
Drawing on her long experience in apparel, Ahrendts, 47, moved quickly in her first year on the job to push Burberry, once known mainly for its raincoats, into the more glamorous world of luxury goods. She has ramped up annual collections, opened a slew of stores, and is encouraging designer Christopher Bailey to go upmarket. She is also tackling supply-chain and other production issues. Sales jumped 15%, to $1.7 billion.