In less than six months of joining India’s leading department store chain Shoppers Stop as Chief Commercial Officer, noted retail industry leader Kavindra Mishra has been elevated as Executive Director & CEO. He will take over the new role with effect from 1 September 2023.
Kavindra is currently the Chief Commercial Officer and CEO of Home Stop, the home furnishings division of the Shoppers Stop Group.
Venu Nair, CEO and Managing Director will be relieved from his current role on 31 Aug. ‘23, However will continue to guide and advise Kavindra over the next six months in his new role.
BS Nagesh, Chairman of Shoppers Stop Group said that “I am delighted that Mr.Kavindra Mishra, has been promoted as the Executive Director and CEO of the Company. In the last five months he has taken over the charge of Homestop and the commercial part of the Shoppers Stopbusiness. His skills as a Business Leader, strategic expertise and overall understanding of the retail industry is an excellent fit for leading the Company as its CEO and setting high standards. Underhis leadership and guidance, I amconfident about the future growth of the Company”.
“He (Nair) has been instrumental in strengthening the business in the post Covid era, by growing its strategic pillars of fashion, beauty and expansion of the Company’s retail network. He leaves a much-strengthened Shoppers Stop,” the company said about Nair in a press release.
Until 2019, Kavindra was the CEO of House of Anita Dongre and later served as Managing Director from Dec. 2019 until he joined Shoppers Stop. He was earlier the Managing Director for Pepe Jeans India where he turned around the brand during his six year tenure.
Kavindra completed his Masters Degree at IIM Bangalore in 1999. After starting his career with the American trendsetter fashion brand Tommy Hilfiger in India, he joined the Italian fashion brand United Colors of Benetton.
An avid marathon runner, he was recognised by The Economic Times among the Inspiring CEOs of 2022. We wish him all the best in his new role at Shoppers Stop.