In the interim period, the company will be managed by an experienced CXO committee to ensure stability of operations and strategic initiatives, the statement added.In June, Shoppers Stop had laid off more than 1,100 employees as the apparel store chain, like most other retail businesses, had seen a fall in its sales amid lack of demand due to the COVID-19-led lockdown.Established in 1991, Shoppers Stop is a premier retailer of fashion and beauty brands spread across 90 departmental stores in 44 cities. NEW DELHI: Shoppers Stop is hiring Rajiv Suri, head of Dubai-based Majid Al Futtaim Fashion, as new chief executive, according to two people aware of the development. “Rajiv Suri, MD and CEO of the company, has tendered his resignation for personal reasons, effective August 25, (close of business hours), to pursue a career in a company outside India," the statement read.The company has not announced an immediate successor to Suri.The board has requested the nomination remuneration and corporate governance committee identify and recommend a suitable candidate for the leadership position. The post had been lying vacant since January, when Salil Nair had put in his papers. Choose your reason below and click on the Report button. Copyright © e-Eighteen.com Ltd. All rights reserved. He joined Shoppers Stop in January 2018 as the CEO and got elevated in June 2018 as the MD & CEO to lead the overall strategy and performance of the company. The company also operates premium home concept stores (11 stores), 132 specialty beauty stores of M.A.C, Estée Lauder, Bobbi Brown, Clinique, Smash box, Jo Malone and Arcelia, occupying an area of 4.5 million square feet. Reproduction of news articles, photos, videos or any other content in whole or in part in any form This will alert our moderators to take actionShoppers Stop's managing director and chief executive officer Rajiv Suri has quit the company, two years after being at the helm of the country's oldest department store chain. A Shoppers Stop spokesperson declined to comment on the matter. I mean, how can a jean get a tear???? Retail firm Shoppers Stop on Friday said its Managing Director and Chief Executive Officer Rajiv Suri has resigned citing personal reasons. Mr. Rajiv Suri, 57, is the Customer Care Associate (CCA), Managing Director (MD) and Chief Executive Officer (CEO) of India’s leading fashion and beauty retailer Shoppers Stop Limited. NO MORE SHOPPERS STOPWhen Shopping by the Shopper Stops and Swadeshi takes over,future is bleak! In a statement submitted to the Bombay Stock Exchange, Rajiv Suri, managing director and chief executive officer at Shoppers Stop stepped down from the post due to ‘personal reasons’. Suri was appointed as CEO in January 2018 and was elevated as its MD in June. or medium without express writtern permission of moneycontrol.com is prohibited.172@29@17@137!~!172@29@0@53!~!|news|business|companies|shoppers-stop-ceo-rajiv-suri-resigns-citing-personal-reasons-5533911.html!~!|controller|infinite_scroll_article.phpLast Updated : Jul 10, 2020 09:36 PM IST | Source: UNBELIEVABLE! Mr. Rajiv Suri, 57, is the Customer Care Associate (CCA), Managing Director (MD) and Chief Executive Officer (CEO) of India’s leading fashion and beauty retailer Shoppers Stop Limited.
He joined Shoppers Stop in January 2018 as the CEO and got elevated in June 2018 as the MD & CEO to lead the overall strategy and performance of the company.
After two years at Shoppers Stop, its Managing Director and CEO Rajiv Suri has resigned effective August 25, the company said in a filing to exchanges.
I bought a jeans in July 2019 & it literally tore at the bottom area in Nov 2019. Shoppers Stop's managing director and chief executive officer Rajiv Suri has quit the company, two years after being at the helm of the country's oldest department store chain. Suri was appointed as the CEO of the company in January 2018 and was elevated as its MD in June this year. Suri was appointed as … Rajiv Suri is CEO/Managing Director at Shoppers Stop Ltd. See Rajiv Suri's compensation, career history, education, & memberships.
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