“We would like to tell you that Rishi Vasudev – CEO of Way of life section retailers and House Centre, has made the decision to go from the corporation due to personalized good reasons,” Kabir Lumba, chairman of the board of directors of Way of life, explained in an e mail to the company’s team.
In a WhatsApp message Vasudev has verified that he has resigned from Way of life and House Centre on Friday.
Lumba’s e mail to the company’s team, that was reviewed by ET, further explained that 11th January will be Vasudev’s previous working day at Way of life even though he would be on the company’s payroll until finally finish of March.
Vasudev, a previous CEO of Calvin Klein in India, experienced joined Way of life in June 2020 from Flipkart wherever he was heading the vogue vertical.
Vasudev’s departure arrives scarcely a thirty day period soon after the Dubai-based mostly retail team explained it is elevating Lumba to the chairman of its board of directors of Way of life Worldwide.