Shriti Malhotra: On top of the beauty industry game

Shriti Malhotra, Group CEO, Quess Retail Image: Madhu Kapparath

It’s All India Radio. You are listening to the news at 9 pm,” Shriti Malhotra vividly remembers the post-dinner ritual that she performed for years. Every night, four sisters would huddle around a transistor which was perched on a wooden table, all would be armed with a sharpened pencil and a ruled notepad, and the young girls were led by a 10-year-old who was consumed by an insatiable curiosity to know how the world was shaping outside Ranchi, Bihar, and India. “We used to jot down top headlines and discuss with our dad the next day,” recalls Malhotra, whose father was in the Army. The caring father taught his daughters three things. First, stay fiercely independent. Second, don’t be shy of dreaming big. Third, education is the best friend.

Though the teachings stayed, the young girl added her interpretation of being independent. “I was a rebel without a cause in school,” says Malhotra, who loved breaking rules. The teachers at the missionary school tried hard to tame and discipline her, but it didn’t work. What further stoked her fiery spirit and inquisitiveness were her undergrad years at Miranda House at the University of Delhi. “I wanted to do something first, something better, and something different from my peers,” she says. And she did. In the early ’90s, who would have thought of making a career in fashion? Malhotra enrolled in NIFT (National Institute of Fashion Technology) in 1992 and two years later, started her professional innings with Benetton.

The young girl from Ranchi was making a fashion statement. “It doesn’t matter where you come from, but it does matter where you’re going,” she says. Malhotra, for sure, was heading to a clutch of the right kind of places. After a three-year stint, Malhotra decided to teach fashion retail merchandising for two years. Then came her heady innings at Nike, and Planet Sports, and by 2007, Malhotra had carved a name for herself in fashion, sports and lifestyle. Though the world of retail, sales and distribution was skewed heavily in favour of men, Malhotra remained focussed on her work. “I didn’t want my gender to be a reason for me to be less than anybody. So, I worked doubly hard,” she says. But the fact that women were missing in the workplace, and there was no level playing field, started bothering her. The quintessential rebel found the right cause to fight.

In 2007, she joined the ethical beauty brand The Body Shop. The journey was transformative. Malhotra explains. Back then, the retail business of beauty was confined to pharmacies, and departmental stores and was gradually making its presence felt in the modern trade. “We started from scratch and this time, the journey had a strong gender lens,” she says.