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B.S. Nagesh steps down as chairman of Shoppers Stop
Mint Hyderabad
|July 18, 2025
The board has appointed Nirvik Singh, international president at Grey Group, as the new chairman
B.S. Nagesh has stepped down as chairman of Shoppers Stop Ltd after more than three decades at the helm. His retirement, announced at the company's annual general meeting on Thursday, marks the end of an era for the retailer, which is battling a series of senior-level exits and rising competition.
The Mumbai-based company's board has appointed Nirvik Singh, international president at advertising and marketing agency Grey Group, as the new chairman effective 18 July, it said in a statement. Singh has been a director of Shoppers Stop since June 2008.
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