Apparel and Textile News Ministry of Textiles News

Target in Textile Sector unlikely to be met

Investments in the total textile projects approved by financial institutions and in various phases of enforcement by March 2017 amount to Rs 16,371 crore, with the potential to generate 2.50 lakh jobs. The original plan had been for five years, between 2012 and 2017. “Inaction on part of the government in the initial years and […]

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March 31, 2017
6 Comments
416 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
2 Comments
702 Views

Apparel and Textile News Retail News

Raymond Partners with KVIC to Introduce New Clothing Line

Indian branded fabric and apparel major, Raymond has partnered Khadi and Village Industries Commission (KVIC) to introduce a new line of clothing under the brand Khadi by Raymond, which will directly compete with Fabindia. KVIC will certify Raymond to use Khadi mark to sell ready-made garments and fabric which will be available at KVIC and […]

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December 7, 2016
31 Comments
475 Views

Apparel and Textile News Apparel Brands and Companies

Raymond becomes Thousandth Machine Buyer of Tecnorama

Raymond, Indian branded fabric manufacturer and apparel maker, has become the thousandth machine buyer of Italy based ‘Tecnorama’. The company recently purchased DOS&DYE system for precision dyeing of its high quality yarns and fabrics. In a span of just over 30 years, Tecnorama has sold 1,000 machines all over the world. However, it plans to […]

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December 2, 2016
3 Comments
391 Views

Apparel and Textile News Retail News

Raymond to Set Up New Manufacturing Unit in Amravati

Indian branded fabric manufacturer and apparel maker, ‘Raymond’ is investing Rs.150 crores in setting up a manufacturing facility in Amravati. The unit will be ready by April 2017. The company is planning to focus on the lifestyle business for growth. The textile division of Raymond contributes about 35 per cent to overall revenues. The division’s […]

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November 24, 2016
3 Comments
563 Views

Apparel and Textile News

New Skill Development Scheme Launches by LabourNet

A partner of National Skill Development Corporation (NSDC), ‘LabourNet Services India’ has launched the Recognition of Prior Learning (RPL) scheme for tailors working in the apparel sector. Raymond, a leader in high-end men’s apparel, is the industry partner for the scheme that is introduced under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY). With RPL certification […]

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November 17, 2016
9 Comments
427 Views

Apparel and Textile News Trade Info News

Raymond is the Most Attractive Apparel Brand in India

Indian branded fabric and fashion retailer Raymond has been ranked as the most attractive apparel brand of the country in a study of the most attractive brands of India in 2016. Innerwear brand Jockey and casualwear brand Levi’s take up second and third positions in the list, respectively. Zara tops in the fast fashion category […]

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November 10, 2016
1 Comment
507 Views

Apparel and Textile News Apparel Brands and Companies

Charity Drive By Raymond To Boost Sales

Raymond Limited has come up with a charity drive which may also end up increasing sales at its retail counters. Under the plan, customers can walk into stores with a pair of old trousers which will be given away for charity. In turn, the company is offering free stitching services for a new pair. The […]

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August 19, 2016
2 Comments
421 Views

Apparel and Textile News Retail News

Raymond’s Online Strategy For Young Customers

Textile major, Raymond plans to come out with an omni-channel strategy to scale up its digital business and woo younger customers to its products. “For Raymond, the customer base is largely 30 years and above, while a huge number of customers who shop online are below 30 years of age, so we do not see […]

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August 17, 2016
3 Comments
399 Views

Apparel Brands and Companies Apparel and Textile News

Raymond To Promote Its Brand In Middle East

Textile major Raymond will strengthen brand presence in the Middle East and South Asian countries as part of its overseas development programme. “Our products get acceptance in 55 countries. Now we are aiming to make the brand Raymond even stronger in the Middle East and South Asia,” Sudhanshu Pokhriyal, president (suiting) Raymond Limited said. The […]

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July 18, 2016
24 Comments
485 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
403 Views

Apparel and Textile News Apparel Brands and Companies

Raymond Forms New FMCG Group For Home Care

Textile major Raymond has carved out a fast moving consumer goods (FMCG) group to extend the eponymous apparel brand to over a dozen personal and home care products. The company already has JK Helene Curtis, which sells Park Avenue deodorants, and JK Ansell. The new division will house Raymond products, along with new brands spread […]

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May 31, 2016
2 Comments
388 Views

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Tag: Raymond

Target in Textile Sector unlikely to be met

Focus on Branded Business to Scale up Raymond

Raymond Partners with KVIC to Introduce New Clothing Line

Raymond becomes Thousandth Machine Buyer of Tecnorama

Raymond to Set Up New Manufacturing Unit in Amravati

New Skill Development Scheme Launches by LabourNet

Raymond is the Most Attractive Apparel Brand in India

Charity Drive By Raymond To Boost Sales

Raymond’s Online Strategy For Young Customers

Raymond To Promote Its Brand In Middle East

Turnaround Of Raymond

Raymond Forms New FMCG Group For Home Care