New Delhi, April 1 -- A seismic shift is rocking India's retail landscape, with several chief executives of high-profile companies jumping ship and docking with rivals, even as the industry grapples with slowing growth and evolving consumer behaviour that is moving towards value brands.

From Levi Strauss & Co. to Marks & Spencer (M&S), and from Pepe Jeans London to Bestseller India, a wave of CEO exits underscores a market where established giants are battling both inflation-conscious shoppers and aggressive new entrants, prompting a talent exodus as leaders seek fresh, high-growth horizons.

Industry insiders said several of these executives have also been in the same company for an extended period, prompting them to explore external op...