12 February 2025, Mumbai
Sunil Kataria has resigned from his position as the Managing Director of Raymond Lifestyle, effective March 31, 2024. The company has begun the search for a new CEO to succeed him.
In the interim period, Raymond Lifestyle's senior management team, under the leadership of Gautam Hari Singhania, Executive Chairman will manage business operations. Commenting on Kataria’s resignation, Singhania said, playing a key role in strengthening Raymond Lifestyle's market presence, Kataria has guided the company through the first phase of its transformation.
Raymond Lifestyle’s brand portfolio includes Park Avenue, Colorplus, Parx, Raymond Made to Measure, Raymond Ready to Wear, SleepZ by Raymond, and Ethnix by Raymond, among others. The company boasts an extensive retail network of over 1,650 stores spanning 600 cities and towns.
