Latest news with #GlobalbeesBrandsPvtLtd
Fashion Network
28-04-2025
- Business
- Fashion Network
Globalbees Brands CEO Nitin Agarwal resigns citing personal reasons
Nitin Agarwal, chief executive officer (CEO) and director of Globalbees Brands Pvt Ltd, a subsidiary of Firstcry has resigned from his role citing personal reasons, effective April 24. Anuj Jain, chief business officer of Firstcry's pre-school segment and senior vice president of marketing has taken over the role as the CEO of Globalbees Brands, effective April 25. Jain has been an integral part of the management of the company since July 2012 and has over 23 years of industry experience including companies like ITC and L'Oréal. Agarwal will be available to assist with all transition actions until close of business hours on May 23, 2025. 'It has been an incredible journey, and I would like to thank everyone at Globalbees for the support and trust throughout my time here. I wish the company all the success in its future endeavours,' Agarwal wrote in his resignation letter. Founded in 2021, Globalbees Brands is a Thrasio-style direct-to-consumer (D2C) venture by Firstcry. It operates on a house of brands model, and buys and consolidates D2C brands across sectors like beauty and personal care, fashion etc.
Time of India
25-04-2025
- Business
- Time of India
Globalbees CEO Nitin Agarwal resigns; Anuj Jain takes over
New Delhi: Nitin Agarwal has stepped down as chief executive officer and director of Globalbees Brands Pvt Ltd , a subsidiary of Brainbees Solutions Ltd (parent of FirstCry ), effective April 24, 2025, citing personal reasons. He also ceased to be part of the company's senior management. Agarwal will continue to assist with the transition process until May 23, the company said in a stock exchange filing. Anuj Jain, currently chief business officer for FirstCry's pre-school segment and SVP – marketing at Brainbees, has been appointed as the new CEO of Globalbees Brands and inducted as senior management personnel from April 25, 2025. Jain has been with the company since 2012 and brings over 23 years of experience, having previously worked with ITC and L'Oréal. He holds a PGDM from IIM Lucknow and is a graduate of BIT Mesra. The change in leadership was disclosed under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015.
