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Tag: Venu Nair

  • This move highlights Shoppers Stop increasing focus on private brands

    Sanya Malhotra to promote Shoppers Stop brands

    By Our Staff

     

    Shoppers Stop has roped in Sanya Malhotra as brand ambassador for select private brands to further emphasise on the continued focus on their private brands as an important strategic pillar.

     

    Speaking on the association, Venu Nair, Customer Care Associate, MD & CEO at Shoppers Stop said: “Private brands continue to be a strategic pillar for Shoppers Stop. We maintain significant emphasis on increasing our private brands share.  We are confident that having Sanya Malhotra for our private brands will help create a better resonance with our consumers. She beautifully fits in with the brand’s ethos and has a great persona to connect with the customers across geographies.”

     

  • Nair, who was head of sourcing for the £9.7-billion British retailer in South Asia and director of buying operations for India, takes charge as managing director

    Marks & Spencer appoints Venu Nair as India Ops head

    By Sarah Jacob

     

    Apparel and home products retailer Marks and Spencer’s has appointed Venu Nair as head of its India operations, replacing CEO Martin Jones who is moving back to the parent company.

     

    Nair takes charge as managing director, the London-headquartered company said. Sources said Jones was moving back for personal reasons. Nair was head of sourcing for the £9.7-billion British retailer in South Asia and director of buying operations for India.

     

    M&S operates in India through Marks & Spencer Reliance India, a joint venture with Mukesh Ambani-led Reliance Industries, selling clothes and home décor but not its food products. It has 24 outlets across the country.

     

    “Unlike an expatriate, Nair would have stronger understanding of the Indian market and his being involved directly in sourcing will play to his strength,” said a senior executive of a rival firm.

     

    M&S has been to work towards sourcing 70per cent of its merchandise from India and Jones had been driving this change.

     

    “While other international companies look at India as an interesting and emerging market, M&S clearly specifies India as a market of importance,” said Devangshu Dutta, chief executive of management consultancy Third Eyesight.

     

     

    Source: The Economic Times

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