One of the many prosperous companies owned by the Tata Group is Tata CLiQ, an online retailer part of Tata Digital. Many upscale brands have been brought to the Indian market via Tata CLiQ. Gopal Asthana was recently named as the company’s chief executive officer (CEO).
Gopal Asthana served as chief business officer at Nykaa, a rival organization in the same industry as the Tata fashion brand, before becoming the helm of Tata CLiQ. Nykaa was run by businesswoman Falguni Nayar.
Asthana also has expertise with retail fashion companies since he worked with Shoppers Stop for almost 20 years, first as a category head in 1998 and then as executive vice president until leaving in 2019.
Tata CLiQ is a part of the multi-billion dollar firm Tata Digital, which also manages other online retailers including Croma, Big Basket, Tata Neu, and others.
Tata CLiQ offers more than only its own Westside clothes and accessories and Indian brands. Additionally, it has dabbled in selling well-known luxury labels from outside online in India, giving clients large discounts on expensive goods.
The well-known, multi-crore, and very pricey brands Ralph Lauren, Tom Ford, Ray Ban, Yves Saint Laurent, Dyson, and Tissot are just a few of the premium overseas names that are accessible on Tata CLiQ.
According to reports, Tata CLiQ had a significant increase in income during the preceding fiscal year, increasing by a total of 137%. In FY 2021–2022, the brand’s total sales crossed Rs 844 crore.
Additionally, Gopal Asthana has a lengthy history in the fashion retail sector and more than 20 years of expertise. Strategic purchasing, merchandising planning, determining fashion trends, budget management, and forecasting are among his areas of competence. Additionally, he has the ability to carefully analyze and keep an eye on price, product mix, and inventory planning.
