Rishi Vasudev, CEO, Landmark Group has resigned from his position with March 31, 2021 being his last working day in the company.
Vasudev has held important roles across various fashion merchandising companies in the past, namely, Former fashion Head Fashion - Flipkart & Myntra, former CEO – Lifestyle, Home Centre, and Calvin Klein India. He also served as Senior Vice President and CEO for Arrow, Arvind Brands, leading Arrow to become a leading lifestyle brand.
Having completed his BTech from NIT Kurukshetra and MBA from MDI Gurugram, he is now to turn an entrepreneur and is raising capital for his new venture. He is a veteran in the retail and fashion industry, with well over 21 years of experience.
The company will announce his successor in due course. In the interim, Kabir Lumba, CEO, Designate and Group Director, Landmark Group, will be managing the responsibilities, in addition to his current role within the Landmark Group,” the company said in a statement.
The company, which started with its first Lifestyle store in Chennai in 1999, has 400 stores today under the Lifestyle, Home Centre, Max & Easybuy brands in more than 130 cities, employing more than 17,000 people.