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Govind Shrikhande

Massive Store Closures: Retail Apocalypse or Repositioning of Retail?

The Retail Industry is going through a massive transformation globally. With changing preferences, way consumers shop has drastically evolved over the past few years. Today, shoppers demand experiences and smart brands are making an honest effort to provide them...

V-Mart announces appointment of Govind Shrikhande as an Independent Director

V-Mart, the world's best performing department store chain, has announced the appointment of Govind Shrikhande as an Independent Director of the company, effective Nov 2, 2018.Shrikhande possesses rich cross-functional experience in the textiles, apparel and retail industry. In his...

Evolved market, global style trends redefine denim in India

The ever-growing denim market in India is on a roll, feel leading jeans manufacturers who credit evolved Indian customers and the influence of global style trends for this change. An organised retail sector, young population, online penetration of denims...

Shoppers Stop appoints Rajiv Suri as MD, CEO

Retail major Shoppers Stop said it has appointed Rajiv Suri as its Managing Director and Chief Executive Officer with immediate effect.The company, which announced resignation of its MD and long-term associate Govind Shrikhande from the company, said Suri has...

Shoppers Stop aims 10 pc sales from its Omnichannel in next 3 yrs

Shoppers Stop is aiming to corner 10 percent of its sales from online channel in the next three years as K Raheja group retail chain is betting big on its Omnichannel system.According to a PTI report: Shoppers Stop, in...

Shoppers Stop Q4 net profit at Rs 20.78 crore

Retail chain Shoppers Stop has reported a standalone net profit of Rs 20.78 crore for the fourth quarter ended March 31, 2018.The company had reported a net loss of Rs 36.06 crore in January-March quarter a year ago, Shoppers...

Govind Shrikhande, Customer Care Associate & MD, Shoppers Stop

Govind Shrikhande Customer Care Associate & MD Shoppers StopGovind Shrikhande has been with the company for over 14 years; he joined in 2001 as Head of Buying and Merchandising before becoming Chief Operating Officer in 2004; promoted to the Chief Executive Officer...

Relief to MSMEs would benefit ecosystem: Retail industry

The retail industry has welcomed the budget, saying the Government's move to cut corporate tax for MSMEs will benefit the ecosystem, boost the rural sector and increase domestic consumption.According to a PTI report: Besides, doubling of allocation of funds...

Retail industry reacts to the Union Budget 2018

In his last full budget before general elections in 2019, Finance Minister Arun Jaitley reduced corporate tax for 99 percent of the companies to 25 percent.In keeping with his earlier announcement of reducing corporate taxation rate to 25 per...

Shoppers Stop Q3 net profit declines 14 pc to Rs 16.34 crore

Retail chain Shoppers Stop has reported a decline of 14 per cent in its standalone net profit to Rs 16.34 crore for the third quarter ended December 31.According to a PTI report: The company had posted a net profit...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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