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Shoppers Stop appoints Venu Nair as MD & CEO

20 Oct 20 2 min read

Shoppers Stop Ltd, India's leading premier retailer of fashion and beauty brands, has announced the appointment of Venugopal G Nair (Venu Nair) as the managing director and chief executive officer of the company, effective November 6, 2020, to lead the next phase of expansion. Since January 2020 till present, Nair is the CEO of Westside at Trent Limited.

Nair is an international retail leader with 27 years of experience in the retail and apparel industry across South Asia and Europe. Prior to Westside, he was the MD of Marks & Spencer Reliance Pvt Ltd. In his earlier tenures, he has held leadership roles with various corporates such as Marks & Spencer Plc, Madura Garments, and Arvind Mills.

"I am delighted to welcome Nair as managing director and CEO. He has an exceptional leadership track record, strong international exposure, deep strategic expertise, and proven experience of driving transformation and managing technological disruption, which is the need of the hour. We believe that he is the right person to lead Shoppers in this critical phase and its next phase of growth," said Shoppers Stop chairman BS Nagesh, in a filing with the stock exchanges.

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Nair holds a Bachelor of Technology (Hon) from NIT, Calicut, and an MBA in Marketing from SP Jain Institute of Management and Research, Mumbai.

Fibre2Fashion News Desk (RKS)

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