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Raymond Lifestyle’s Ambitious Expansion: 900 New Stores in 3 Years, Says Gautam Singhania

Raymond Lifestyle is set to expand its retail footprint significantly by opening 900 new stores over the next three years, with ambitious targets of achieving 12-15% annual sales growth and 18-20% growth in operating profit, as per Chairman Gautam Singhania. The company, which is the demerged unit of Raymond, will debut on the stock market […]

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September 3, 2024
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Apparel and Textile News Apparel Brands and Companies

Raymond to double its Sales in the next 3 – 4 yrs

An apparel and textile maker, Raymond Ltd plans to double its turnover to Rs 1,000 crore over the next three-four years by focusing on its Park Avenue brand of male grooming products and home care brand Premium to revive its consumer packaged goods business. Raymond has launched a set of mid-premium men’s perfumes under the […]

appareltalk
November 18, 2017
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168 Views

Apparel and Textile News Trade Info News

Maharashtra to Develop Amravati as Textile City

In a bid to change Amravati’s depressing profile after the reports of farmers’ suicides, the Maharashtra government plans to develop it as a textiles city to promote this industry in cotton-growing areas of Vidarbha region. “The state government is promoting textile industries in suicide-prone region of Vidarbha to give a value addition and alternate market […]

appareltalk
May 2, 2016
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331 Views

Apparel and Textile News Apparel Brands and Companies Trade Info News

Raymond To Invest Rs 1500 Cr. In Amravati

Maharashtra government yesterday inked a pact with textile major Raymond for setting up a Rs1,500 crore plant at Nandgaonpeth in Amravati. Raymond Group chairman Gautam Singhania was present while signing MOU through which government handed over 200 hectares (about 500 acres) in Maharashtra Industries Development Corporation (MIDC) area to the group for the state-of-the-art plant. […]

appareltalk
December 21, 2015
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300 Views

Apparel and Textile News Apparel Brands and Companies

Gaurav Mahajan New ‘President-Group Apparel’ Of Raymond

Apparel maker Raymond has appointed Mr. Gaurav Mahajan as ‘President-Group Apparel’. The company’s apparel portfolio comprises Park Avenue, Colour Plus, Parx and the recently launched, Raymond ready-to-wear, a release issued in Mumbai said. Prior to joining Raymond, Mr. Mahajan was chief operating officer at ‘Trent’. The Gautam Singhania-led group is looking to aggressively scale its […]

appareltalk
December 18, 2014
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200 Views

Odisha CM Inaugurates ₹100 Crore Textile Park In

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