DUBAI 15 April 2017: Landmark Group, a Dubai-based multinational conglomerate, announced that its founder and chairman Micky Jagtiani and Vice-Chairperson Renuka Jagtiani were inducted into the Retail Hall of Fame at a private ceremony held during the 2017 World Retail Congress at Madinat Jumeirah Hotel in Dubai.
The Jagtianis join Armanico Ortega (Inditex), Ingvar Kamprad (Ikea), Tadashi Yanai (Fast Retailing Uniqlo) and Sir Philip Green (Arcadia) and other global retail icons in the Hall of Fame that highlights the lifetime achievements of those who have shaped the world’s retail landscape.
Micky Jagtiani said: “Retail for me has always been more than a business, it is a way to life and it is about people who have helped me get here. The GCC has been my home for over 55 years, during this time I have seen it become a global powerhouse, thanks to the vision and passion of the regions leadership.”
He added: “Our business is a part of this region’s growth story and I am thankful for all the support we have received and the relationships we have built during our journey. This award encourages us to continue to pursue our vision of building value for the customer for the future.”
Renuka Jagtiani said: “As Landmark, our focus is value, we value those whose lives we touch. The customer is at the heart of our business, and we change and evolve with them.
“This award is recognition of our team, our people and our partners, without whom this achievement would not have been possible. It is our combined passion, commitment and ownership that has made the Group what it is today.”
Micky Jagtiani founded the Landmark Group in 1973 with a single store in Bahrain and has successfully grown it into one of the largest and most successful retail and hospitality conglomerates in the region. A constant innovator, he has created and conceptualised over 27 diverse brands, several of which are market leaders today.
Renuka Jagtiani has been closely involved with the group’s business endeavours for over two decades and was instrumental in creating the high-street fashion brand Splash in 1993. During this time, she has guided the group’s corporate strategy, built its fashion and hospitality business from the ground up, led its expansion into new countries, launched its e-commerce platform, and spearheaded its CSR initiatives.
Throughout their illustrious careers, Micky and Renuka Jagtiani have received multiple leading industry awards. In 2013, they were both named Entrepreneurs for the World in the Business category by the World Entrepreneurship Forum.
Micky Jagtiani was also honoured as Global Business Leader by India’s leading TV news channel NDTV at its 2016 Gulf Indian Excellence Awards, and received the Global Indian Achiever Award from the Indian Business and Professional Council in 2015. In addition, he was recognised as the Most Inspiring Indian in the Corporate Social Responsibility category of the Arabian Business Indian Power List 2012, Entrepreneur of the Year at the 2008 Middle East Business Achievement Awards, and Retail Personality of the Year at the 2007 Retail Middle East Awards.
Renuka Jagtiani was awarded the title of Captain of Industry at the 2016 Stars of Business Awards, Strategic Leader of the Year at the 2015 Indian CEO Awards, and Outstanding Asian Business Woman of the Year at the 2007 Asian Business Awards Middle East.
Over the past four decades, the Landmark Group has established itself as a diversified international retail and hospitality conglomerate. The group has over 2,400 outlets across 30 million square feet, catering to a loyal customer base of over 30 million people across the Middle East, North Africa and the Indian subcontinent.
By Angel Chan