06 October 2021, Mumbai:
Apparel and textiles major Raymond has appointed JatinKhanna as the new head of corporate development.
As per a Fashion Network report, Khanna will lead the secretarial and legal functions at Raymond and work with chairman managing director GautamHariSinghania in shareholder value creation and corporate governance.
Gautam Hari Singhania, Chairman and Managing Director says, Khanna has an impressive track record of helping companies strategically identify and capitalize on new business opportunities. Prior to joining Raymond, he was employed with the Max Group for almost 15 years in various leadership roles.
Raymond is one of the largest vertically and horizontally integrated manufacturers of worsted suiting fabric in the world and commands a dominant market share of over 60 percent in the worsted suiting fabric space in India. Raymond’s state-of-the-art fabric manufacturing plants in Vapi (Gujarat), Chhindwara (Madhya Pradesh), and Jalgaon (Maharashtra) have an aggregate manufacturing capacity of 38 million meters of suiting fabric extending across all wool, poly-wool, silk, polyester viscose blend, cotton blend, linen blend, and other premium blends. Marketed under the brand ‘Raymond Fine Fabrics’, it is undoubtedly amongst the most preferred brands in the textile sector.
TOP 5:
2. Consumers will determine growth of sustainable fashion e-comm in India
3. Myntra to offer 1 mn styles from about 7,000 brands at the 'Big Fashion Festival'
4. Maharashtra government honors VIP as 'Best Innerwear Brand' for 2021-22
5. Nike strengthens retail presences with new store at DLF Mall of India,Noida