Raymond, the leading brand for fabrics and apparel, has closed down all its manufacturing facilities and the retail stores, due to global outbreak of Coronavirus, operated by under Raymond Limited situated across India. These have been closed in line with the instructions of the Government Agencies except where they have been permitted by the local or state government authorities.
Raymond has some of the leading apparel brands in India like Park Avenue, Parx and Color Plus. The company has enforced the 'Work from Home' policy for it’s employees.
In wake of the Coronavirus, a complete lockdown has been announced in major parts and cities of India. The overall adverse impact on the operations of the company, in this evolving situation, however is not immediately assessable