Raymond Groupis an Indian branded fabric and fashion retailer,[2]incorporated in 1925. It produces suiting fabric, with a capacity of producing 31 million meters ofwooland wool-blended fabrics.[3]
 | |
| Company type | Public Company |
|---|---|
| Industry | Textiles, Engineering, Aviation & Real estate |
| Founded | 1925 |
| Founder | Albert Raymond |
| Headquarters | Mumbai,Maharashtra,India |
Key people | Gautam Singhania(Chairman) |
| Products | Fabrics, garments, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services |
| Revenue | ₹5,913crore(US$710 million) (2023)[1] |
| Subsidiaries | Raymond Ltd |
| Website | www |
The group owns apparel brands like Raymond, Premium Apparel, Raymond Made to Measure, Ethnix,[4]Park Avenue Woman[5]ColorPlus,[6]Kamasutra& Parx. All the brands are retailed through 'The Raymond Shop' (TRS), with a network of over 700 retail shops spread acrossIndiaand overseas, in over 200 cities.
In addition, the group also has business interests in readymade garments, designer wear, cosmetics andtoiletries,engineering files and tools,prophylacticsand air charter operations.
In 2019, Raymond announced its venture intoreal estatebusiness under Raymond Realty. The new venture is poised to start with an investment of ₹250 crore (approx $30 million) in developing mid-income and premium housing units on 20 acres of land in the growing suburb ofThane.Raymond group holds over 125 acres of land in this region.[7]
See also
editReferences
edit- ^"Raymond Profit and Loss Report".Economic Times.3 January 2021.Retrieved3 January2021.
- ^"Raymond board approves foray into real estate sector".18 September 2009.
- ^ET Bureau,"India Inc seeks conducive tax environment, bold reforms",The Economic Times,7 June 2014
- ^"Welcome to Raymond".
- ^"Park Avenue Woman's Online Catalog".Archived fromthe originalon 20 September 2012.Retrieved4 November2012.
- ^"ColorPlusOnline – Online Shopping and Retail Store".Archived fromthe originalon 2 October 2013.Retrieved8 September2013.
- ^Patwa, Bidya Sapam,Prasannata (3 April 2019)."Raymond starts real estate business with Thane residential project".Mint.Retrieved4 April2019.
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