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 […]

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November 18, 2017
2 Comments
363 Views

Apparel and Textile News Apparel Brands and Companies

Raymond to invest Rs 350 cr in expansion this year

The Raymond, textile major, plans investment of Rs 350 crore in capacity and retail expansion this year. Of which Rs 200 crore will be allocated to manufacturing expansion, both in India and offshore, while Rs 150 crore will go towards retail expansion, Sanjay Behl, CEO, Raymond said. The company will be setting up a large […]

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May 29, 2017
6 Comments
410 Views

Apparel and Textile News Apparel Brands and Companies

Focus on Branded Business to Scale up Raymond

The Raymond Group, owner of leading brands such as Raymond, Park Avenue, Parx and Color Plus, is looking to aggressively scale up its branded business with focus on a franchisee-led, asset-light model. “We will certainly grow at over 20 per cent in our branded apparel business and will reach the double-digit EBIDTA margin in the […]

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February 24, 2017
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703 Views

Apparel and Textile News Apparel Brands and Companies

Turnaround Of Raymond

Textile conglomerate Raymond is back to being a venerated company, but the transformation has only started. Until now, the company had gone for renovation rather than expansion, its ceo Sanjay Behl has said. Behl has started with simplifying the company structure and broke it down into costumer centric division rather than product centric verticals. He […]

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June 9, 2016
3 Comments
404 Views

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Raymond In Talks With Overseas PE Funds On Expansion

Raymond Ltd is in talks with overseas private equity funds KKR & Co and Blackstone to sell 20 per cent in its branded apparel business to fund expansion, according to reliable sources. Raymond Ltd CEO Sanjay Behl confirmed the company’s plan to join hands with PE funds for growth capital but did not divulge any […]

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May 17, 2016
4 Comments
403 Views

Apparel and Textile News Apparel Brands and Companies

Zero Gravity & Shower Clean Jackets By Park Avenue

Park Avenue’s latest offering “Zero Gravity”, is an innovation that aims to cater to men who are always on the move. Zero Gravity is a lightweight jacket that doesn’t feel too ponderous on the shoulders also five jackets can be easily packed in a suitcase. The Jacket tries to comply with all the essentialities of […]

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July 20, 2015
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380 Views

Apparel and Textile News Apparel Brands and Companies Retail News

Cotton Arab Dress In GCC Market By Raymond

Suiting brand, Raymond, is set to launch a range of the traditional Arab dress, dishdasha or kundurah, in cotton for the GCC market where its sales and network of retail outlets are growing strongly. Raymond offers expensive fabrics, ready-to-wear garments and shirting through its 1,000-plus retail outlets that include the Raymond shop, ColourPlus, Park Avenue, […]

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June 2, 2015
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332 Views

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New SS Line With Woolmark By Park Avenue

Formalwear brand Park Avenue has recently launched a spring/summer collection, created using fabrics from The Woolmark Company, at the Australian High Commission office in New Delhi. The ready-to-wear label showcased an array of sharp, cutting-edge looks, based on soft-tailored constructions, in a wide spectrum of colours ranging from white, cobalt, navy, grey and black to […]

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April 20, 2015
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383 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 […]

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December 18, 2014
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369 Views

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Tag: Park Avenue

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

Raymond to invest Rs 350 cr in expansion this year

Focus on Branded Business to Scale up Raymond

Turnaround Of Raymond

Raymond In Talks With Overseas PE Funds On Expansion

Zero Gravity & Shower Clean Jackets By Park Avenue

Cotton Arab Dress In GCC Market By Raymond

New SS Line With Woolmark By Park Avenue

Gaurav Mahajan New ‘President-Group Apparel’ Of Raymond