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Fashion Brand & Retail News

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21. From a heritage brand to diversified conglomerate, Raymond charting its success path ...
(Apparel)
21 August 2024, Mumbai Founded in 1925, Raymond, is name synonymous with quality and style in India. It is not merely a brand, but a testament to resilience, innovation, and strategic vision. With a ...
Created on 21 August 2024
22. GautamHariSinghania reappointed as Managing Director for Raymond  ...
(Apparel)
Raymond has reappointed GautamHariSinghania as its Managing Director for another term of five years, effective from July 1, 2024. This decision follows a recommendation by a proxy advisory firm for shareholders ...
Created on 28 June 2024
23. NCLT approves Raymond’s restructuring scheme to maximise shareholder value ...
(Apparel)
The National Company Law Tribunal (NCLT) has sanctioned Raymond's restructuring scheme involving the demerger of its lifestyle business and amalgamation of its consumer trading arm. This approval pave ...
Created on 25 June 2024
24. Raymond to expand garment manufacturing capacity  ...
(Apparel)
World’s largest integrated fabric manufacturer, Raymond plans to expand its apparel and garment manufacturing capacity with an investment of Rs 200 crore. The company’s strategic expansion will help ...
Created on 17 June 2024
25. Raymond, weaving a path to global textile and apparel leadership ...
(Apparel)
Raymond, a household name in India synonymous with sharp suiting, is embarking on an ambitious journey to become a global leader in the textiles and apparel industry. Raymond's story is one of consisten ...
Created on 04 June 2024
26. Raymond ‘s PAT for Q4 FY24 rises 18% to Rs 229 crore ...
(Apparel)
Raymond's financial performance for the fourth quarter ended March 2024 showcased robust growth, with consolidated profit after tax increasing by 18 per cent to Rs 229 crore compared to the same perio ...
Created on 04 May 2024
27. Raymond eyes ethnic wear to drive brand growth ...
(Brands-To-Retail)
Renowned menswear brand Raymond is strategically pivoting towards the ethnic wear apparel segment to drive growth, aiming to capitalize on emerging market opportunities across India. Over the next 12 to ...
Created on 22 March 2024
28. Raymond Group revamps strategy to attract younger consumers ...
(Retail)
Mumbai-based menswear brand Raymond is revamping its strategy to attract younger demographics and strengthen its ready-to-wear segment, said Sunil Kataria, CEO, Raymond Lifestyle. Speaking at the Great ...
Created on 18 March 2024
29. Raymond’s restructuring works well for T&A business ...
(Retail)
12 September 2023, Mumbai There is finally light at the end of the tunnel for Raymond as their shares hit a record high in the live S&P BSE Sensex earlier this month -- after facing many challenges over ...
Created on 12 September 2023
30. Raymond Group restructures ...
(Article)
11 August 2023, Mumbai Iconic Raymond, one of India's oldest and most respected textile and apparel brands, has undergone a major restructuring in recent years.  The company has exited several non-cor ...
Created on 11 August 2023
31. Raymond set to claim back its former glory ...
(Brands-To-Retail)
10 August 2023, Mumbai From a humble beginning as a small manufacturer of coarse woolen blankets in 1922, Raymond, perhaps one of India’s most reputable brands in the textile and apparel sector had scaled ...
Created on 10 August 2023
32. Raymond Group becomes debt-free powerhouse ...
(Textile)
02 August 2023, Mumbai Drives successful business overhaul In a strategic move spanning two decades, Gautam Singhania, the visionary leader of Raymond, has methodically divested from non-core businesses, ...
Created on 02 August 2023
33. Raymond to open 400-500 new retail stores in expansion drive ...
(Apparel)
13 April 2023, Mumbai  Indian conglomerate Raymond plans to open 400 to 500 new retail stores as part of its expansion strategy, according to Chairman and Managing Director Gautam Hari Singhania. The ...
Created on 13 April 2023
34. Realty becomes a core focus for Raymond ...
(Textile)
  Raymond’s real estate focus is fixed squarely on affordable luxury in the Mumbai Metropolitan Region and suburban locations. The textile and apparel giant which owns the legacy suits and shirts brand ...
Created on 12 December 2022
35. Raymond expecting a decent demand rise ...
(Textile)
27 September 2022, Mumbai: Raymond is seeing an uptick in demand by at least 30 per cent for its lifestyle business. Covid had a huge effect since stores were shut and customers could not visit. But ...
Created on 27 September 2022
36. Raymond’s Q1FY’23 results reported ...
(Textile)
08 August 2022, Mumbai: As against a net loss of Rs 352.15 crore, Aditya Birla Fashion and Retail posted a net profit of Rs 94.44 crore in the first quarter ended June 30, 2022. Aditya Birla fashion ...
Created on 08 August 2022
37. Raymond: Atul Singh appointed Exec V. Chairman ...
(Textile)
14 July 2022, Mumbai: Raymond group on Wednesday appointed a super-performer Atul Singh, a hi-profile former head of Coca-Cola India, as the Executive Vice Chairman. Cava follows sustainable practices ...
Created on 14 July 2022
38. Raymond undertakes cost reduction initiatives to minimize debts ...
(Brands-To-Retail)
13 June 2022, Mumbai: To become debt-free by 2025, apparel brand Raymond has undertaken several cost reduction and resource mobilization initiatives. As per a Fashion Network report, the brand’s debt ...
Created on 13 June 2022
39. Raymond to sell ColorPlus and Park Avenue to Bestseller? ...
(Apparel)
01 April 2022, Mumbai: Raymond is negotiating with Denmark-based retail group Bestseller to sell its apparel brands ColorPlus and Park Avenue. The brand is seeking a valuation of Rs 500 crore for ...
Created on 01 April 2022
40. Raymond Group announces restructuring plan ...
(Textile)
28th September 2021, Mumbai: Textiles to engineering conglomerate Raymond has announced a restructuring plan that involves consolidating the parent company with its fast-fashion business and merging ...
Created on 28 September 2021
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