Home / Knowledge / News / Apparel/Garments / Raymond to increase branded apparel business four-fold
Raymond to increase branded apparel business four-fold
Aug '16
Courtesy: Raymond
Courtesy: Raymond
Indian textile major Raymond expects its sales from the branded apparel division to grow four fold from the current over Rs 1,000 crore and the fabrics business to double from around Rs 3,000 crore in five years.

This was revealed by Mohit Dhanjal, director-retail, Raymond Ltd who added by saying that the company is expanding its presence to new regions and launching new products using technology.

According to a Business Standard report, Dhanjal was speaking at the launch of its social initiative 'Look Good, Do Good', under which the company offers free stitching of trousers to those who bring old trousers.

Currently, Raymond derives around 65 per cent of its business from fabrics and around 35 per cent from branded apparels. The growth would also come from new and renovated stores across the country.

Raymond which unveiled around 70 stores in the previous fiscal, plans to open around 100 stores in the current fiscal, which will also be opened in tier IV and V towns in India.

The company operates around 715 Raymond stores, of which around 660 are franchisees and its products also reach around 17,000 multi brand outlets in 380 towns and cities. (AR)

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Larry L Kinn
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Karan Arora
Karan Arora

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search