- Sujata Sachdeva |
With fashion driving growth for ecommerce and offline companies, Reliance Retail has brought Sanjay Mehra as the Chief Executive on board to look after its fashion and lifestyle ecommerce business.
Mehra brings over two-decades of experience in the consumer products, retail and technology segments. He was the India Managing Director of US firm Wolverine Worldwide that owns Caterpillar shoes and Merrell apparels. He has also worked with companies like Gap, Nike and Motorola in the past.
Reliance Retail managed to increase its revenue by 21.2 percent to Rs 17,640 crores during the fiscal year ended March 31, 2015 on the back of a wide product offerings with value proposition. The company, which maintained the status of India's largest retailer, said it achieved profit before depreciation, interest and taxes (PBDIT) of Rs 784 crores for the year.