Great India Retail Summit: This exclusive 2-day summit, a first of its kind, assembles the crème de la crème of India s rapidly growing retail industry. Aimed at boosting the collaboration between retail pioneers, policymakers, industry watchers, brand founders, MDs and CEOs, retail real estate developers, investors, technology innovators, and celebrity entrepreneurs, GIRS2024 promises to be an unparalleled showcase of the retail sector s dynamic landscape.
The year 2023 saw a significant rise in CEO exits, with over 1,400 chief executives leaving US-based firms, a 50% increase from last year. In India, Uday Kotak, Rajesh Gopinathan, Jatin Dalal, Venu Nair, and Murali Ramakrishnan made headlines with their departures from top companies.
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The company’s revenue, retail expansion, operating profit, and like-for-like growth is the highest in the apparel sector. With long-term growth prospects intact and a strong balance sheet among retail companies, Trent is expected to capitalise on recovering discretionary consumption in India.
Shoppers Stop share price: The stock slumped 11.34 per cent to hit a day low of Rs 719.45 over its previous close of Rs 811.45. At today's low price, the scrip was down 19.14 per cent from its one-year high price of Rs 889.75, a level seen on August 9, 2023. Yet, the counter was up 25.15 per cent from its 52-week low price of Rs 574.85, hit on April 18 this year.