MAM
KKR puts Lux Cozy deal on indefinite hold
MUMBAI: Shah Rukh Khan and his Indian Premier League (IPL) franchise Kolkata Knight Riders have decided to indefinitely put on hold their deal with Lux Cozy.
This came after protests in Kolkata over the involvement of one of the company‘s promotor’s in the suicide of a 30-year-old computer graphics teacher Rizwanur Rahman.
Lux Cozy was to get into a licensing and merchandising deal. An open letter protesting the decision has been written to Shah Rukh Khan from the city‘s prominent social activist Mudar Patherya and wife Shalini objecting to the team‘s association with Todi.
The letter noted that Shah Rukh Khan‘s brand stands for the following positive attributes: meritocracy, fairness, hard work and patriotism. However there was a dilution by his team‘s association with individuals viewed as morally suspect (until they are proved innocent). “Please reconsider this decision. There is still time,” the letter said.
At a press conference organised by Kolkata’s Konscience Keepers (KKK), a platform created to protest against the deal, Gameplan director Jeet Banerjee made a surprise entry to announce the decision to put the deal on hold. Gameplan is the event management agency handling KKR.
Banerjee said that the deal was being put on hold till all issues were resolved and the sensitivities of the aggrieved were addressed.
The frozen deal pertains to merchandising inside the stadium for home matches and around the stadium, as well as Lux branding on the players’ trousers and other advertising. Signages that were already up across the city would be taken off as soon as possible. Some fan gear T-shirts had already been produced, but future production would be stalled.
Banerjee clarified that the decision was by the KKR management, not SRK. The statement was conveyed on behalf of Lux Industries as well.
MAM
Aparna Bhawal steps down as KFC India CMO after three years
Set to exit by May 2026, launches AB Advisory Group for growth strategy.
MUMBAI: From brand buckets to building her own playbook, Aparna Bhawal is swapping the CMO seat for the founder’s chair. Bhawal has resigned as chief marketing officer of KFC India and its partner markets, drawing the curtain on a three-year stint with the Yum! Brands portfolio. She is currently transitioning responsibilities through March and is expected to complete her exit by May 2026.
The move marks a shift towards entrepreneurship, with Bhawal setting up AB Advisory Group, a venture aimed at working with founders and scaling businesses on growth strategy, execution and commercial focus. The decision, she indicated, has been a long-considered one centred on building a platform that helps companies navigate growth with sharper strategic direction and stronger marketing fundamentals.
With over two decades of experience, Bhawal’s career spans leadership roles across HT Media, The Coca-Cola Company and Procter & Gamble, covering brand building, consumer engagement and business growth across categories.
Beyond corporate roles, she has remained closely involved with the industry ecosystem. She is part of the managing committee of The Advertising Club of India for 2025–26 and serves as an advisory board member at the Indian Influencer Governing Council.
Her contributions have also earned recognition, including features in BW’s Top 100 Marketers list and BW Marketing World’s Most Influential Women list in both 2024 and 2025.
As Bhawal steps into her next chapter, the shift reflects a broader trend in marketing leadership where seasoned operators are increasingly moving from building brands to building businesses.
