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Mr. Govind Shrikhande as MD of Shopper's Stop

10
Sep '10
Shopper's Stop Ltd along with the declaration of their exceptional Q1FY11 results also announced the appointment of Mr. Govind Shrikhande as the Managing Director, effective from July 29, 2010.

Mr. Shrikhande took charge of Shopper's Stop Limited as the Customer Care Associate, President & CEO in the month of August last year. The retail giant has since grown significantly in profits, completed their acquisition of 51% equity stake in Hypercity Retail (India) Ltd and has aggressively expanded their presence across India.

Mr. Shrikhande has been with the company for the last 10 years. He started his association with the company in 2001 as the Vice President of Buying & Merchandising function and has since grown within the company managing roles of the Chief Operating Officer in 2004 before taking charge as the CEO in 2006 and elevated as the President & CEO in 2009 and eventually to Managing Director in 2010.

Since joining Shoppers Stop, Mr. Shrikhande has played a key role in the company's tremendous growth from 7 stores in 2001 to 33 stores at present. He was also instrumental in Re-branding initiative of the brand – Shoppers Stop in the year 2008, which reinvigorated the brand's market positioning, product and service offerings.

Mr Shrikhande's strong performance as head of Shoppers Stop, his passion for developing innovative products & services, and his emphasis on creating an enjoyable workplace for employees was recognized in 2009 with the prestigious Clothing Manufacturers Association of India felicitated him as the 'Retail Professional of the Year' & in early 2010 he was recognized as the 'Most Admired Fashion Retail Professional' at the Images Fashion Awards.

Shopper's Stop Ltd., a pioneer in modern retailing in India, has been promoted by K Raheja Corp. Group (Chandru L. Raheja Group), one of the leading groups in the business of real estate development and hotels in the country. Shopper's Stop Ltd along with its associate companies Hypercity Retail (India) Ltd and Timezone Entertainment Pvt. Ltd operates more than 30 lakhs sq ft in the country.

Shopper's Stop Ltd


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