Five key executives quit Nykaa amid pressure on beauty retailer’s stock price
In a significant senior-level management shakeup at Nykaa, five members of the omnichannel beauty retailer’s leadership team have quit since the beginning of 2023.Chief commercial operations officer Manoj Gandhi, chief business offer of Nykaa Fashion Gopal Asthana, chief executive of wholesale business Vikas Gupta, Nykaa fashion’s Owned Brands business vice president Shuchi Pandya and the fashion unit’s vice president of finance Lalit Pruthi have left the company.Prior to these resignations, the company’s chief financial…