No. 1-20: Phil Knight, Tony Hsieh, Manolo…

A look at what made their year great — or not so great.

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Tamara Mellon, Joshua Schulman
Founder, President; CEO; Jimmy Choo
2008 Rank: 18

A year ago, fast-fashion would’ve been at odds with luxury labels such as Jimmy Choo. But tough times and slowing sales for the brand called for new ways to build buzz — and, hopefully, some business. Under Mellon, 42, and Schulman, 38, Jimmy Choo has tried to rekindle its hotness, thanks to a smart partnership with H&M that will give younger customers high-quality pieces at palatable prices. The limited-edition collab includes women’s and men’s shoes and accessories, as well as a capsule ready-to-wear line, hitting 200 stores later this month. Additionally, the execs continue to play down any signs of excess, moving ahead with a collection called Choo 24/7 — with updates of Mellon’s favorite styles in different heel heights, colors and materials — and more shoes that can appeal to a wider range of budgets, such as entry-level jellies. But it’s not all about the shoes. Mellon, who has longed to expand into fragrances, inked a 12-year licensing deal with Inter Parfums SA.

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