Mr. Prendergast is considered an innovative leader who understands how to identify top-line revenue growth vehicles while maximizing profit within complex organizations. He has a proven track record working across all major retail segments including wholesale, retail, and e-commerce. He is an expert in the successful operation of processes throughout the supply chain from product concept design through delivery to customer. He has extensive experience in, marketing, sales force optimization and customer retention.
He has a proven track record of securing opportunities for improvement in businesses, building strategies for the execution of these initiatives, and leading teams to deliver results. He built his career on the successful combining of strategic vision with implementation and delivering results.
As CEO of a youth-focused fast fashion multi-category company, he led strategic decisions, tactical activities, and M&A to grow revenue, EBITDA and equity value. He led a team that reduced the product procurement lifecycle time to 45 days from design concept through delivery to customer for 100% of their products. Under his tenure, the company achieved revenue and profit growth on a multi-year basis.
Mr. Prendergast led as CEO of a $400M annual global celebrity lifestyle brand, delivering optimization of resources daily. He was actively involved in product merchandising and design, production sourcing, sales force optimization, branding and marketing. Under his tenure, he led the opening of retail stores across the country, expanded the international footprint and managed an extensively licensed portfolio that generated over $30M annual in royalty revenue.
As the President of Chaps by Ralph Lauren for the USA, Canada and Mexico, he helped streamline the design and merchandising process, institute a new system of merchandise planning, consolidate an international sourcing base, resulting in improved margins for the company and clients. He managed relationships with big-box retailers and collaborated with them on strategies for growth.
Mr. Prendergast held various senior leadership positions at Tommy Hilfiger, USA. He oversaw the sales, design, merchandising, retail development and planning/allocation teams. Early in his career, Mr. Prendergast helped start-up an online product sourcing procurement company, that developed proprietary software connecting vendors with factories in real time.
Mr. Prendergast earned a bachelor’s degree in business management from The University of Phoenix and has completed executive training courses at the University of Chicago, Booth School of Business.