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Digital Mall of Asia: Redefining shopping experience in India

Convenience and ease of purchase have become key decision making factors for retail consumers and Omnichannel provides consumers with varied options to achieve this objective. The conflict between online and physical stores is fading, as both the platforms have come...

The Scale of Store Rollout: How are retailers managing?

Even as India is slated to become a major e-commerce market, the country is, ironically, a testimony to the fact that brick-and-mortar is here to stay. Amounting to be only 7 percent of the overall market size right now, organised...

Advent of global brands and the score of Indian brands in the shirts market

How many of you still remember the name 'Stencil'? Not many I suspect. I won’t blame you. But it is quite ironic that the brand that started the readymade branded shirt trend in India in late 80s disappeared quickly...

Raymond: Bitten by the travel bug

Raymond has recently broken away from its product-specific window to create a window scheme specific to customer lifestyle and the window is inspired by the season’s travel interest. 850 stores out of 1,000 stores showcase the window. The window features...

Raymond’s TRS to roll out Magic Mirror concept at all stores

The Raymond Store (TRS), a Raymond brand retailing fabric and ready-to-wear categories, will soon uplift the store experience at all stores by including Magic Mirror concept. The concept has already been rolled out at 4-5 TRS stores on a trial...

Raymond Q4 net up 24.2 pc at Rs 67.70 crore

Diversified firm Raymond Ltd Tuesday reported a 24.26 percent rise in consolidated net profit at Rs 67.70 crore for the fourth quarter ended March 2019. The company had posted a net profit of Rs 54.48 crore in the January-March...

Raymond launches first Ceremonial store in Mumbai

Raymond has launched its flagship store Raymond Ceremonial at Kemps Corner, Mumbai. The store speaks about innovation right from its architecture to its design, visual merchandising to the hospitality offered, to the ethnic wear range which is different from...

Raymond Q3 profit up 30 pc to Rs 40 crore

Diversified Raymond Group Wednesday reported an increase of 30 percent in consolidated net profit at Rs 39.95 crore for the third quarter ended December 2018.The company had posted a net profit of Rs 30.71 crore in October-December period a...

Gautam Singhania steps down as Raymond Apparel Chairman

Gautam Singhania has stepped down from the position of Chairman of Raymond Apparel, a wholly-owned subsidiary of Raymond. He will, however, continue to be on the board of Raymond Apparel. Nirvik Singh will take charge as the non-Executive Chairman in...

Raymond expects small town mini stores to contribute around 20 percent of its retail sales

Raymond expects around 20 percent of its textile and apparel retail business in India to come from small towns, where it is opening 'Mini TRS' stores catering to aspirations of the people , a company official said. According to a...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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