Home / Knowledge / News / Apparel/Garments / Retail to move forward: President Retail & FMCG, Raymond
Retail to move forward: President Retail & FMCG, Raymond
29
Sep '09
It is an onset of festive aura in India. Begin of autumn breaks the iceberg to the series of festivals. This aura has transmitted in the industry a hope of prosperity and lot of positive expectations. Looking at present movements in retail market, it seems current times are being looked upon as right moment of sowing in investments to en-cash immediate and future growth. Raymond Ltd, one of leading textile and apparel major announces the launch of 70 TRS(The Raymond Shop)flagship stores across India on October 6, 2009.

With pleasure in a one to one with Fibre2fashion team, narrating the scenario of optimism in retail industry, Mr Anirudh Deshmukh, President Retail and FMCG, Raymond, acknowledges- “We saw a sort of bleat post the downturn which was there a year ago. The industry went through a tough time. But this year, we have seen very strong signs of revival and are fairly hopeful that the season which has just started, should go very well. One can sense the optimism which is all around, both in terms of people getting back into putting up new stores, people getting back into hiring. All of that blends a good deal of confidence to manner which the retail industry is likely to move forward now”

Explaining the objective behind the project in offing and detailing about 'When', 'Where', 'What', and 'How' related to the project, Mr Deshmukh at length divulges, “Actually, we have noticed that even in the face of downturn the non urban market and smaller towns had always remained quite vibrant; so we have embarked major projects to basically set up retail store in smaller towns, that is IV and V tier regions. For example in Gujarat region, we recently have opened or will be opening very shortly stores in places viz Bhuj, Gandhidham, Morvi, Nadiad, Chikhli, Himmatnagar etc. That is the way we are opening our stores and this is all across the country. Our objective is to provide the Raymond experience to customers to shop in environment of good infrastructure like good lightings, well aired-air condition, and good merchandising. Thus facilitating new experience and replacing old cumbersome buying process. That is the whole objective and rationale about. Besides Gujarat, we are to go all over the country in the similar IV & V tier places like what I named above. To list a few Tamilnadu, Rajasthan, and West Bengal etc are the states wherein we are likely to open 65 to 70 stores within one or one and half month.”

About the products on offering, Mr Deshmukh describes, “These outlets will have products in shirtings, suitings, and readymade brands from Raymond like Park Avenue, Colorplus, Parx and others.”

“Is there anything for our women and children consumers too?” we inquired out of curiosity. He replied, “As we are mainly in menswear, these outlets would cater men's clothing needs. We do have womenswear and childrenwear too but they would be offered only in larger towns.”


Must ReadView All

Textiles | On 25th Jul 2017

Global growth to pick up in 2017 and 2018: IMF

The pickup in global growth anticipated in the April World Economic...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Textiles | On 25th Jul 2017

Pakistan’s textile exports stay stable in FY17

The value of textile and garment exports made by Pakistan increased...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X