India, the only place in the world to be in: CEO, HyperCITY

2006-06-20 01:44 Stock Exchange Floor - Trade Stocks Directly On Live Prices Through Our Trading Platform

Andrew Levermore, CEO, HyperCITY - a 120,000 square feet hypermarket brand launched by the K Raheja Group in the western Mumbai suburb of Malad - is responsible for the entire gamut of operations of HyperCITY around the country. Andrew came on board in 2004 and since then he has been involved in conceiving and crystallizing the launch of Indiaâs largest hypermarket.

Mr. Levermore brings on broad a rich experience of close to 23 years with global giants in the retail industry both in the luxury segment and in value retail. A South African by birth, the first half of his career was spent in operations. He then progressed to the divisional Debt Management level with the Edgars Group in South Africa and later general Debt Management level with the House of Fraser, UK.

At the House of Fraser, his stint included buttignments with privatesins and Jones, Regent Street, Schofields, Leeds and Cavendish House, Cheltenham. When he moved on from the House of Fraser, Mr Levermore was head of buying and merchandising for womenswear.

Later, Mr. Levermore went on to become Managing Director of Guys & Girls, a fashion chain trading across five South African countries.

His next buttignment was as Managing Director of The Hub, a department store chain and Sheet Street a home ware chain, both in South Africa. Prior to joining K. Raheja Corp., Mr. Levermore handled the senior Debt Management responsibility of executive buying and merchandise Debt Management with Makro of South Africa.

In a freewheeling interview with Moneycontrol.com, Mr. Levermore speaks his mind on FDI in the Indian retail segment, the retail scenario in the country, and is so excited he believes that as a professional retailer India is the only place in the world to be in at the moment.

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