Biography on Mr. Kishore Biyani

Topics: Department store, Retailing, Pantaloon Retail India Pages: 15 (4315 words) Published: June 24, 2013
Mr. Kishore Biyani  
King of Retail  
INTRODUCTION

‘ITS A UNIQUE CHALLENGE ONE HAS TO LIVE UP TO AND I FAILED IT IN MY FIRST ATTEMPT.IT TURNED OUT TO BE A HUMBLING EXPERIENCE AND TAUGHT ME LESSONS THAT SHAPED MY LIFE FROM THEREON’  -KISHORE BIYANI

           ABOUT KISHORE BIYANI  

1. He was born on 9 august 1961 in Mumbai.He was the second son of shrilaxmi narayan biyani and Smt Godavari Biyani    2. Graduated in commerce from    HR college, Mumbai  
3. Introvert and shy natured person
4. Belongs to business family.  
   STORE DESIGN & LAYOUT
-Headquartered in MUMBAI
-Employees over 30,000 people.  
-Pantaloon Retail is the flagship company of Future GROUP
-Has over 1000 stores across 61 cities in India  

  What made him an Entrepreneur ??  
 
1. Dying family business  
2. No organized Retail Chain  
3. Resources  
4. Risk taker   
5. Initiator   
6. Influencer  
   
The Evolution of Kishore Biyani-  

1987-88-He began manufacturing trousers  
1988-92-He got BARE jeans and John Miller in the Indian market  

1997 -2000- He launched his stores starting with the private label Pantaloons, department stores and then other formats  

2006-Biyani commands over 1.3 million sq ft of retail space   Background*
Mr. Kishore Biyani, B.Com., PGD is a founder and serves as the Chief Executive Officer of Future Group. Mr. Biyani has been the Managing Director at Pantaloon Retail (India) Limited since April 1, 2005. He has been a Managing Director at Future Ventures India Limited since February 5, 2008. Mr. Biyani serves as a Managing Partner and Chairman of Indivision Capital Fund. He served as the Non-Executive Chairman of Future Capital Holdings Limited until September 28, 2012. He has been Director of Future Ventures India Limited since October 8, 2007. He serves as an Executive Promoter Director of Pantaloon Retail (India) Limited. Mr. Biyani served as Chairman of Pantaloon Retail (India) Limited. He served as a Non-Executive & Non-Independent Director of Galaxy Entertainment Corp., Ltd. until August 11, 2011. He served as an Independent Director of Jagran Prakashan Ltd from November 18, 2005 to January 31, 2013. Mr. Biyani has received several awards including the 'CEO of the Year - 2001', 'Most Admired Retailer of the Year - 2004', 'Retail Face of the Year - Images Retail Awards 2005' and 'E&Y Entrepreneur of the Year - Services - 2006'. He has over 25 years' experience in the field of manufacturing, marketing, and retailing of readymade garments. He serves as a Director of Future Group. Mr. Biyani is a Commerce graduate with a post graduate diploma in Marketing Management. EXECUTIVE SUMMARY

: Kishore Biyani is the Managing Director of Pantaloon Retail (India) Limited and the Group Chief Executive Officer of Future Group. He has led Pantaloon Retail’s emergence as the India’s leading retailer operating multiple retail formats that now cater to almost the consumption basket of a large section of Indian consumers. Kishore Biyani led the company’s foray into organised retail with the opening up of the Pantaloons family store in 1997. This was followed in 2001 with the launch of Big Bazaar, a uniquely Indian hypermarket format that democratized shopping in India. It blends the look, touch and feel of Indian bazaars with aspects of modern retail like choice, convenience and quality. This was followed by a number of other formats including Food Bazaar, Central and Home Town. The year, 2006 marked the evolution of Future Group, that brought together the multiple initiatives taken by group companies in the areas of Retail, Brands, Space, Capital, Logistics and Media. Kishore Biyani advocates ‘Indianness’ as the core value driving the group. The group’s corporate credo is ‘Rewrite Rules, Retain Values.’ Kishore Biyani was awarded the Ernst & Young Entrepreneur of the Year 2006 in the Services Sector and the Lakshmipat Singhania - IIM Lucknow Young Business Leader Award by Prime...
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