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Page Industries surges 6%, hits over two-year high
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Swimwear and Beachwear Global Market Trajectory & Analytics 2020-2027: Key Players Include La Perla, Quiksilver, Speedo and O Neill
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This comes after Vedji Ticku resigned as CEO citing ‘personal commitments.’
23 Feb, 2021 - 12:19 PM IST | By indiantelevision.com Team
NEW DELHI: Page Industries has elevated VS Ganesh as executive director and chief executive officer. This follows the departure of Vedji Ticku, who resigned as CEO from the company last week citing “personal commitments.”
In a regulatory filing, the company stated that Ganesh will be appointed for a period of five years effective 1 June 2021. He is currently the executive director – manufacturing and operation.
Page Industries MD Sunder Genomal said, I am delighted to welcome Ganesh, I have no doubt that Ganesh would exceed all our expectations in the role of CEO and that the company will continue to remain in excellent hands. I believe Ganesh has the right leadership skills and qualities to succeed Vedji and also drive the company’s growth to the next level.
Page Industries CEO Vedji Ticku resigns owing to personal commitments
Page Industries Limited located in Bangalore, is the exclusive licensee of JOCKEY International Inc. (USA) for manufacture, distribution and marketing of the JOCKEY brand in India, Sri Lanka, Bangladesh, Nepal and the UAE.Premium
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Chief Executive Officer and Executive Director of Page Industries, Vedji Ticku, has resigned from Page Industries owing to personal commitments, the company said in a regulatory filing to the exchanges. Ticku has submitted his resignation letter owing to personal commitments as he wishes to spend more time with his family. His resignation was accepted by the Board of Directors by circulation. The Board has acknowledged the contribution made by him during his tenure, an official release from the company stated.
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ROCKVILLE, MD / ACCESSWIRE / February 1, 2021 / Award winning market research company Fact.MR has recently published the global women s swimwear market research report. In this extensive study, Fact.MR anticipates a gradual incline through 2021, given the complete cessation of sporting and recreational activities in 2020 due to the coronavirus pandemic. Consequently, long-term growth forecast has been revised to a modest 3% for the forthcoming decade.
Historical projections reveal that growth since the past 5 years has largely been sluggish, as sales have been largely restricted to the developed world. Various governmental and non-governmental initiatives to promote swimming as a sport have largely helped sustain demand for women s swimwear in the past few years, and is expected to increase in forthcoming years.
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