Campus Activewear has appointed Rakesh Thakur as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective immediately.
Thakur brings nearly 23 years of experience across consumer businesses, with expertise in business finance, profitability, transformation, supply chain finance, governance and M&A integration.
Before joining Campus Activewear, he was Group CFO at boAt parent Imagine Marketing, where he worked on profitability, cash flow, working capital, debt reduction and governance. He has also held senior finance roles at Hindustan Unilever, GSK Consumer Healthcare, Samsung India and PepsiCo India.
Commenting on the appointment, Nikhil Aggarwal, CEO, Campus Activewear, said, “Rakesh brings a strong combination of financial leadership, consumer business experience and a proven track record of building financial discipline through phases of rapid growth. As Campus Activewear enters its next phase of scale, his experience will be valuable in strengthening our financial architecture, enhancing capital efficiency and enabling sharper decision-making across the organization. We are delighted to welcome Rakesh to the Campus leadership team and look forward to his contribution as we continue to build a stronger, more agile and sustainable business.”
Rakesh Thakur, Chief Financial Officer, Campus Activewear, said, “Campus has built a strong and differentiated position in India’s sports and athleisure footwear market, backed by a strong brand, growing consumer relevance and a robust omnichannel presence. Having built my career across consumer-focused businesses, I have developed a strong understanding of the dynamics that drive sustainable growth, operational efficiency and long-term value creation. I look forward to bringing this experience to Campus and contributing to its next phase of growth. I am delighted to join the organisation at such an exciting stage of its journey. My focus will be on accelerating sustainable growth across revenue and margins, while strengthening financial discipline, improving capital efficiency and building scalable processes. At the same time, we will remain focused on creating sustainable, long-term value for our shareholders.”
Thakur joins Campus at a time of continued business growth. In Q1 FY27, the company reported revenue of ₹385.2 crore, up 12.2% year on year, while sales volumes increased 11.7% to 57.1 million pairs. Profit after tax rose 17.7% to ₹26.1 crore.
In his new role, Thakur will work with the leadership team and Board on financial efficiency, margins, cash generation, capital allocation and governance. His appointment comes as Campus expands its distribution and product portfolio, with Women's and Kids' categories emerging as key growth segments.
