Company: Apparel Group
Designation: Founder and chairman
Starting with just one brand in 1999, under Ved’s leadership Apparel Group now has the rights to more than 75 brands – including big names such as Tommy Hilfiger, Juicy Couture, Nautica, Aldo, Nine West and Aeropostale – which it sells at nearly 1,800 outlets in four continents, which collectively employ over 12,000 people.
The group has a presence far from its base in the UAE, with outlets across the GCC, India, South Africa, Poland, Singapore, Jordan, Indonesia, Thailand and Malaysia, with plans to expand into other markets across Europe, Asia and the MENA region. In August 2017, Ved announced that Apparel Group pledged to invest over $26m in Saudi Arabia.