Arvind Fashions appoints Shailesh Chaturvedi as MD & CEO

2020/11 13 12:11

Shailesh Chaturvedi. Pic: Arvind Fashions Restricted


Arvind Fashions Restricted, India’s main trend denim and premium informal put on firm, has named Shailesh Chaturvedi because the managing director and chief government officer of the corporate with impact from February 1, 2021. J Suresh, the present MD & CEO, who will probably be retiring later this 12 months, will work intently with Chaturvedi to make sure a clean transition.

After stepping down from his lively position, Suresh will proceed on the Arvind Fashions Restricted board and in addition advise the board on key strategic points.

Chaturvedi was beforehand the managing director and CEO, PVH-Arvind manufacturers, a three way partnership that homes eminent manufacturers Tommy Hilfiger and Calvin Klein, and in addition led the Arrow model for Arvind Fashions.

“We want to thank Suresh for his contribution and dedication in creating an ideal platform for us to construct on. Beneath his management over the previous 15 years, Arvind Fashions has constructed a few of India’s most aspirational manufacturers, that are poised to develop quickly within the years to return. I want to want Shailesh the very best in his new position on the firm, and am assured that he’ll lead us efficiently in our subsequent part of progress,” mentioned Sanjay Lalbhai, chairman and non-executive director, Arvind Fashions Restricted.

Elaborating on the route map for the corporate and its new management, Kulin Lalbhai, director, Arvind Fashions Restricted (AFL) mentioned, “Chaturvedi is certainly one of our strongest leaders who has efficiently grown a number of of our manufacturers during the last 15 years. He joined Arvind in 2006 to steer Tommy Hilfiger and has been instrumental in establishing it as one of the admired and aspirational manufacturers within the nation. He has deep experience in working with worldwide manufacturers that offers him a novel perception into bringing world greatest practices into Indian market, which will probably be very priceless to AFL going ahead. Along with his confirmed energy in constructing robust manufacturers, Chaturvedi is well-equipped to take over this mantle and assist us drive worth for all our stakeholders.”

Arvind Fashions has a clearly articulated sport plan to attain its enterprise objectives going ahead the place the corporate will focus its power and assets on six key manufacturers, quickly scale up its enterprise by digital capabilities and proceed enlargement into adjoining classes to supply world trend experiences to Indian shoppers. With rising choice for informal put on and the festive season spurring restoration, the corporate is properly poised to achieve regular progress momentum.

“Arvind Fashions has an especially highly effective portfolio of manufacturers that are market leaders of their respective segments. I’m wanting ahead to working with the group at AFL to steer these manufacturers by their subsequent part of progress. I’m grateful to the board for this chance and look ahead to an thrilling journey of speedy progress and excellence for the corporate,” mentioned Chaturvedi.

A confirmed chief within the textile and attire house with a complete profession that spans 28 years, Chaturvedi has launched and developed among the largest manufacturers in Indian retail together with Tommy Hilfiger, Calvin Klein, Arrow, Louis Philippe, Van Heusen and Allen Solly. Earlier than his lengthy stint in constructing the bridge to luxurious model portfolio for Arvind, Chaturvedi served as the top of Benetton plc’s (Italy) wholesale enterprise in Asia Pacific area primarily based at Hong Kong , the place he was answerable for creating its enterprise in international locations like Australia, Taiwan, Thailand, Singapore, Hong Kong, Indonesia, Vietnam, Philippines, and Malaysia.

Fibre2Fashion Information Desk (RKS)

Arvind Fashions Restricted, India’s main trend denim and premium informal put on firm, has named Shailesh Chaturvedi because the managing director and chief government officer of the corporate with impact from February 1, 2021. J Suresh, the present MD & CEO, who will probably be retiring later this 12 months, will work intently with Chaturvedi to make sure a clean transition.




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