Nilesh Ved, Founder and Chairman of AppCorp Holding and owner of Apparel Group, received the prestigious Lifetime Achievement Award for Pioneering Retail Entrepreneurship at the 2025 RLC Honors in Riyadh, Saudi Arabia, on February 4.
Recognized as one of the retail industry’s most transformative leaders, Ved has played a crucial role in reshaping global retail with his vision for innovation, expansion, and excellence. Under his leadership, Apparel Group has become a dominant force in the industry, setting new benchmarks for success.
The award ceremony, followed by an exclusive dinner attended by 150 top industry figures, celebrated Ved’s impact on retail. His contributions have not only redefined consumer experiences but also set the strategic course for the industry's future.
Upon receiving the honor, Ved expressed his gratitude, stating, “This award is a testament to our journey, driven by passion, resilience, and a commitment to excellence. Retail is about more than commerce it’s about creating meaningful connections that resonate globally. I am deeply humbled and inspired to continue shaping the industry’s future.”
The RLC Honors once again highlighted its mission to recognize trailblazers shaping the retail landscape. Ved’s Lifetime Achievement Award marks a defining moment in his career, cementing his legacy as a visionary leader whose influence continues to inspire the next generation of retail pioneers.
