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27. Angela Ahrendts
Angela Ahrendts
Country: Britain
2007 rank: 18

Ahrendts, 47, is expanding the 152-year-old British fashion house into new products such as high-end handbags, shoes, belts, and even hair accessories. It is clearly paying off. Fiscal 2007 profits were up 25%, and revenue jumped 18% to about $1.7 billion. Shares have plunged more than 25% since last September, though, on worries the economic downturn will hurt the luxury business.

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Last updated September 29 2008: 1:21 PM ET
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