Raymond Group is an Indian branded fabric and fashion retailer,[2] incorporated in 1925. It produces suiting fabric, with a capacity of producing 31 million meters of wool and 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 | ₹5,913 crore (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 across India and overseas, in over 200 cities.
In addition, the group also has business interests in readymade garments, designer wear, cosmetics and toiletries, engineering files and tools, prophylactics and air charter operations.
In 2019, Raymond announced its venture into real estate business 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 of Thane. 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. Retrieved 3 January 2021.
- ^ "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 from the original on 20 September 2012. Retrieved 4 November 2012.
- ^ "ColorPlusOnline.com – Online Shopping and Retail Store". Archived from the original on 2 October 2013. Retrieved 8 September 2013.
- ^ Patwa, Bidya Sapam,Prasannata (3 April 2019). "Raymond starts real estate business with Thane residential project". Mint. Retrieved 4 April 2019.
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