This week, RAGTRADER named Richard Facioni as #2 in The Top 30 in Retail Power List.

RAGTRADER says: Richard Facioni has a number of brands in the investment portfolio, but it’s retail, particularly fashion retail that has captured the industry’s attention.

The investment firm has fast become one of the biggest apparel groups in the country, with Noni B, Speciality Fashion Group, Pretty Girl Fashion Group, Ezibuy and Pumpkin Patch all acquisitions.

This year, Facioni cast the net further afield with a majority buyout of designer womenswear label Ginger & Smart.

“This is a strategic move to continue to diversify our portfolio and invest in highly desirable retail brands,” he says. “We plan to grow the business both online and through physical stores.

(Founders) Alexandra and Genevieve bring notable management and design calibre and we look forward to working together.”