Datuk Jethanand Utumal Valiram

Kuala Lumpur, July 19, 2017 – It is with immense sadness that retail specialist Valiram announces the passing of its chairman, Datuk Jethanand Utumal Valiram. He died peacefully on Tuesday, July 18, 6.30pm (July 19, 6.30am, Malaysian time) in New York City, surrounded by loved ones. He was 78 years old.

Mr Jethanand was the great patriarch of the family, whose entrepreneurial zeal and foresight has seen through the evolution of the Valiram enterprise. His start at this company was under extraordinary circumstances – at the tender age of 16, with the sudden death of his father, he took over the family business and had dedicated his life to building it ever since. He led with commitment, dedication and progressive vision.

The company’s modest beginnings were in the textile trade and in the 1980s, it was Mr Jethanand’s leadership that led the group’s business transformation towards yarn manufacturing and fabric and garment re-export.

In 1996, together with his sons, he steered the company towards the next phase of Valiram’s evolution – lifestyle retail – opening the world’s first-ever textile boutique at an airport. This venture proved successful in garnering the commitment of various global brands as the group opened several new concessions at Kuala Lumpur International Airport. This, of course, paved the way for Valiram’s growing retail empire. As the business continued its expansion in travel and downtown retail, Mr Jethanand was instrumental in providing overall strategic counsel to his sons – Valiram executive directors Sharan, Ashvin and Mukesh Valiram.

Valiram today is a known conglomerate of luxury and lifestyle brands with a network spanning nine countries and headquartered in Kuala Lumpur, Malaysia.

Up until his death, Mr Jethanand remained involved in the business as chairman and advisor. His never-ending drive, determination and commitment to the enterprise is the standard that will stay with the group.

In his personal life, he devoted his time to philanthropic initiatives close to his heart. Among them included charitable works and donations to organisations such as Lakshmi Narayan Temple, Lions Club, Rotary Club among others. He has also served on the management committees of the Kuala Lumpur and Selangor Indian Chamber of Commerce and held the vice-president role at the Sindhi Association of Malaysia. Mr Jethanand is also recognised as a community leader within the Sindhi community.

His eldest son, Valiram executive director Sharan said, “He lived a glorious life and went with much dignity. He is a legend and his life was a grand celebration.”

Datuk Jethanand Utumal Valiram is survived by:

His wife, Datin Champa Kirpalani Valiram,

His sons, Sharan, Ashvin and Mukesh

Daughters-in-law, Lavina, Monica and Roshan, and

Grandchildren, Neerav, Divesh, Harein, Jiya and Aarav.

 

ABOUT VALIRAM

Valiram was established in 1935 in Kuala Lumpur, Malaysia, originally specialising in the textile trade. Today, Valiram is Southeast Asia’s leading luxury goods and 360° retail specialist with presence in Malaysia, Singapore, Indonesia, Australia, the Philippines, Thailand, Hong Kong, Macau, Vietnam and New Zealand. Operating more than 350 stores, a number which continues to grow, the group represents over 200 brands across various categories, from fashion and accessories, timepieces and jewellery, perfume and cosmetics to confectionery and dining concepts. Its portfolio comprises internationally renowned brands such as Kate Spade New York, Michael Kors, Tumi, Bath & Body Works and Victoria’s Secret, as well as original and innovative retail concepts including Swiss Watch Gallery, The Flying Emporium, Luxury Fashion, Vie Beaute and Flow.

Creating world-class retail environments that offer compelling and luxurious shopping experiences is Valiram’s hallmark, and it will continue to bring the most desirable international brands and cutting-edge concepts to the region. The company is headquartered in Kuala Lumpur, Malaysia.

 

 

MEDIA ENQUIRIES

Jacqueline Toyad
Assistant Vice President – Marketing
jacqueline.toyad@valiram.com


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