Raymond

Fabrics and garment major Raymond on Friday said it has appointed Amit Agarwal as Chief Financial Officer (CFO), replacing Sanjay Bahl who has relinquished his position. According to a PTI report: Agarwal, who was the CEO of Jindal Coated Steel...

Homegrown textiles and apparels major Raymond expects to reap the benefits of likely low imports from China in view of the COVID-19 pandemic, the company said in a statement on Tuesday. According to a PTI report: It is also looking...

Raymond Ltd on Monday reported a consolidated net loss of Rs 69.10 crore for the fourth quarter ended March 2020, impacted by the coronavirus-induced lockdown. According to a PTI report: The company had posted a net profit of Rs 67.70...

Social distancing, masks, and a lockdown. The COVID-19 pandemic is forcing people to stay at home, work from home and buy from home. Despite the lockdown being lifted in phases, the economy beginning to limp back to the ‘new...

The ongoing lockdown to curb the spread of Coronavirus has impacted the Indian retail industry in a big way. Brands like Raymond are taking steps for effective cost rationalization by cutting down all non-critical expenses and marketing spends, managing...

The ongoing lockdown imposed to contain coronavirus pandemic will only have a short-term sales impact on apparel industry, while softening commodity prices will support overall profitability during the current fiscal, according to a top official of Raymond Ltd. The...

Sanjay Behl, Chief Executive Officer for lifestyle business at fashion and textile retailer Raymond Ltd, has decided to step down from his current role after serving for seven years. "This development is a natural transition as we are in the...

Accessories are no longer a need-based purchase. Nowadays, customers accessorise to make a fashion statement. The growing need among young urban customers to express their uniqueness has set the stage for the entrance of many international as well as...

Raymond on Thursday said it would hive off and list its core lifestyle business as a separate entity. It plans to list the new entity through the ‘mirror shareholding structure’ whereby shareholders of Raymond will be issued shares of new...

The Great Indian Mall Boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has mushroomed to a whopping 650 malls, enabled by the fact that...