Riyadh, Saudi Arabia – February 4, 2025 – Nilesh Ved, Founder and Chairman of AppCorpHolding and Owner of Apparel Group, was the undisputed highlight of the 2025 RLC Honors as he received the prestigious Lifetime Achievement Award for Pioneering Retail Entrepreneurship. Held on February 4 in Riyadh, Saudi Arabia, the RLC Honors stands as the highest distinction in the global retail industry, recognizing visionary leaders whose transformative contributions have reshaped the future of retail worldwide.
As a trailblazer in the retail sector, Nilesh Ved’s leadership has been instrumental in revolutionizing the industry, setting new benchmarks for innovation, expansion, and excellence. His relentless pursuit of growth and ability to anticipate industry shifts have positioned Apparel Group as a powerhouse in global retail. This recognition solidifies his legacy as a pioneer who has redefined the retail experience and set the strategic direction for the industry’s future.
The award ceremony was followed by an exclusive awards dinner, attended by 150 of the most distinguished figures across retail and its interconnected sectors. The evening was a celebration of Nilesh Ved’s exceptional leadership, honoring his transformative vision and lasting impact on global retail.
Upon receiving the award, Nilesh Ved shared, “This recognition is a testament to the journey we have embarked on—one that is fueled by passion, resilience, and a commitment to excellence. Retail is not just about commerce; it’s about creating meaningful connections and experiences that resonate with people across the world. I am deeply humbled and inspired to continue driving innovation and shaping the future of this industry.”
The RLC Honors once again underscored its commitment to celebrating the extraordinary individuals shaping the retail landscape. Nilesh Ved’s Lifetime Achievement Award serves as a defining moment in his illustrious career, recognizing his unparalleled contributions and visionary leadership that continue to inspire the next generation of retail pioneers.
About Apparel Group LLC
Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy – Dubai, United Arab Emirates. Today, Apparel Group caters to thousands of eager shoppers through its 2,300+ retail stores and 85+ brands on all platforms while employing over 24,000+ multicultural staff.
Apparel Group has not only established a strong presence in the GCC – Bahrain, Qatar, Oman, Kingdom Of Saudi Arabia & Kuwait but also strategically expanded its reach to thriving markets in India, South Africa, Singapore, Indonesia, Thailand, Malaysia, and Egypt. Moreover, the company has set clear strategies to venture into promising emerging markets such as Hungary and the Philippines, showcasing its forward-thinking approach.
Apparel Group has curated a diverse portfolio of brands, offering an omni-channel experience. These brands, originating from the USA, Canada, Europe, Australia, and Asia, include leading names in fashion, footwear, and lifestyles such as Tommy Hilfiger, Charles & Keith, Skechers, ALDO, Crocs, Nine West, Calvin Klein, Aéropostale, Jamie’s Italian, Tim Hortons, Cold Stone Creamery, Inglot, and Rituals. This diverse range reflects the company’s versatility and adaptability.
Apparel Group owes its impressive growth to the vision and guidance of its owners: Founder and Chairwoman Sima Ganwani Ved and Nilesh Ved, both have taken the company from strength to strength since its inception in the last two decades.
https://www.apparelgroup.com/en/
About AppCorp:
AppCorp Holding, led by Founder and Chairman Nilesh Ved, is a multi-billion-dollar transnational holding that, through its flagship company Apparel Group, operates across 14 countries, managing 2,300+ stores and representing 85+ international and homegrown brands with a workforce of 24,000+ employees. The holding has built a diverse portfolio spanning retail, food and beverage, real estate, logistics, healthcare, education, and investment.
About the RLC Global Forum
The RLC Global Forum is a leading platform that brings together the world’s most influential global retail leaders, innovators, and policymakers to drive positive industry change. The Forum marks the next phase of the Retail Leaders Circle’s (RLC’s) decade-long mission to connect and empower leaders within the retail sector. Through high-level discussions and strategic cross-industry initiatives, the Forum addresses the long-term forces shaping a brighter future for retail and its interconnected sectors.
