Beauty-focused specialty retailer Quest Retail has announced a leadership transition. Shriti Malhotra has been elevated to Executive Chairman, while Rahul Shanker has been appointed Group CEO. This move comes as the company plans an ambitious expansion, focusing on strengthening its omnichannel presence and market reach.
Shriti Malhotra’s New Role
After a successful tenure as Group CEO, Shriti Malhotra steps into a more strategic role. As Executive Chairman, she will work with the Board of Directors to shape the company’s long-term vision and future growth.
With nearly 30 years of experience in retail, Shriti has played a key role in growing global brands like Benetton, Nike, and Puma. She also brought The Body Shop to India 19 years ago, helping it become a leader in the country’s beauty and personal care market.
Commenting on the leadership transition, Shriti Malhotra said, “A company’s true strength lies in the passion of its people, and it has been my privilege to lead Quest Retail to where it stands today. Rahul’s depth of experience in consumer businesses and his transformational leadership make him the ideal person to drive the company’s next chapter. His appointment is crucial for enhancing our omnichannel capabilities and continuing to solidify our position in the market.”
Rahul Shanker Takes Over as Group CEO
Rahul Shanker, with 27 years of experience in leading FMCG and consumer brands, will now lead Quest Retail’s expansion. His expertise includes leadership roles at PepsiCo, Wrigley-Mars, Philips, Avon, and Modicare.
As Group CEO, Rahul will focus on accelerating growth, enhancing operational efficiency, and improving customer experience.
Following his appointment, Rahul Shanker expressed, “I am thrilled to join Quest Retail at such an exciting time. The company has established a robust portfolio and a powerful omnichannel ecosystem that positions it uniquely for growth. My focus will be on scaling our operations, innovating the customer journey, and identifying new opportunities to further accelerate our success. I look forward to collaborating with our exceptional team and stakeholders to take Quest Retail to new heights.”
About Quest Retail
Founded in 2006, Quest Retail is India’s leading beauty specialty retailer, bringing global brands to the Indian market through omnichannel distribution, storytelling, and community engagement.
The company’s portfolio includes The Body Shop, Kiehl’s, Avon, Kylie Cosmetics, Anastasia Beverly Hills, Max Factor, Juice Beauty, Neal’s Yard Remedies, The Honest Tree, Boddess, and more. Quest Retail continues to drive sustainability and innovation, reshaping the beauty retail landscape in India.
