As chief executive officer and president of Shoppers Stop, the country’s leading department store chain, Govind Shrikhande has been part of the careening growth of India’s retail market over the last 17 years.
He has left the retailer after a significant nine months: Amazon India invested in Shoppers Stop last November, three key investments were sold and the company is on the path to become debt free by the end of this financial year in March 2019. Shoppers Stop reported a net profit of 97.70 million rupees, or $1.42 million at current exchange for the quarter ended June 30, versus a net loss of 37.10 million rupees, or $530,000, in the corresponding quarter a year ago.
“I’m looking forward to jumping into the creative process and exploring fashion through a different lens,” said actor Michael B. Jordan exclusively to WWD about becoming the first face of @coach ‘s men’s business. Not only will the actor appear in its global ad campaigns, but he will also create a capsule with designer Stuart Vevers. Tap the link in our bio to learn more. #wwdfashion
“The name of the show is GP — giant pockets,” said Karl Lagerfeld pre-show, in his backstage meeting room at @Fendi to Bridget Foley. @Bellahadid was one of the many famous faces who graced the catwalk including @Gigihadid, @Adwoaaboah, and yes, even @Kendalljenner. #wwdfashion
Photographed by Kuba Dabrowski/WWD
“We are obsessed with Fendi and we want to share this obsession,” said CEO Serge Brunschwig to WWD. @Fendi will be releasing a new capsule collection Oct. 16 centered around the Fendi/Fila logo created by Instagram artist @Hey_reilly. Further proving the logo trend isn’t going anywhere. Link in our bio for more details. #wwdfashion