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Bata India appoints Nike’s Sanjay Rao as new MD & CEO; shares increase 17%
The New Indian Express Kollam
|June 19, 2026
FOOTWEAR major Bata India has appointed Nike veteran Sanjay Rao as its MD and CEO.
The change in leadership at the footwear major comes amid stagnating sales and declining profit in the midst of a turnaround plan involving cutting inventory, streamlining store networks and becoming more appealing to Gen-Z consumers.
Cette histoire est tirée de l'édition June 19, 2026 de The New Indian Express Kollam.
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