29 August 2024, Mumbai
The Retailers Association of India (RAI) recently hosted the Chennai Retail Summit 2024 at the ITC Grand Chola, Chennai, gathering top retail industry leaders to discuss the evolving retail landscape under the theme “Changing World of Retail.” The event focused on emerging trends, strategies, and challenges in the industry.
Key speakers included Chockalingam S of Opn Advertising, Balachandar R of Junior Kuppanna, C K Kumaravel of Naturals Salon, Saurabh Kumar of Kaleesuwari Group, GautamSaraogi of Go Fashion, and MadhumithaUdaykumar of The Indus Valley. They shared insights on navigating modern retail complexities while retaining cultural roots, emphasizing the importance of innovation, technology, and consumer-centric strategies.
Kumar Rajagopalan, CEO of RAI, highlighted Chennai's role as a pioneer in India’s retail sector, stressing the need for retailers to adapt quickly to shifting consumer demands for convenience and personalized experiences. SonaliLalvani, CEO of Toniq Retail Brands, emphasized agility and understanding consumer behavior as keys to success in the omnichannel retail environment. AnandBharadwaj of Sweet Karam Coffee pointed out the growing importance of storytelling and value-added experiences in retail.
The summit also included the India Retail Excellence Awards, recognizing top retailers across various categories. Winners included Opus Fashion (Maybell) for Ladies Ethnic Wear, Kings Young for Kids Wear, Lucky Silks for Apparel & Lifestyle, Page3 Salon for Beauty & Wellness, and Milkyway Ice Cream for Restaurant & QSR.
The Chennai Retail Summit 2024 reinforced RAI’s dedication to advancing the retail sector, providing a platform for collaboration and innovation.
