Mumbai, Jan. 20 -- Raymond Lifestyle is turning to fresh leadership to navigate a darkening retail landscape, appointing Satyaki Ghosh as CEO-the fourth executive to hold the mantle in just five years.

Ghosh, who most recently led Grasim Industries' Cellulosic Fashion Yarn division, takes over the branded apparel company with immediate effect, bringing a resume that includes stints at L'Oreal, Spencer's Retail, and PepsiCo.

Ghosh enters a role that has seen significant churn since 2020. He follows Sanjay Behl, who stepped down that year, and Joe Kuruvilla, who took over shortly after only to quit by the end of 2021. In 2022, Sunil Kataria was appointed CEO and MD; he steered the business through its demerger but resigned in April last y...