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Raymond Home on an expansion drive
27 May '15
1 min read
India’s leading textile and apparel company Raymond Group’s arm, Raymond Home, plans to set up 30 exclusive brand outlets (EBOs) at select cities this year to expand reach, according to media reports.
Raymond Home products are currently available in over 1,500 MBOs (multi-branded outlets), 400 Raymond stores, LFS (large format stores), and e-commerce platforms.
With sales of Rs 70 crore in FY15, Raymond Limited is targeting Rs 100 crore in FY16 and Rs 300 crore by FY18 once it completes expansion across the country.
The distribution network will service vast home furnishing retailers across the country. (SH)
Raymond Home products are currently available in over 1,500 MBOs (multi-branded outlets), 400 Raymond stores, LFS (large format stores), and e-commerce platforms.
With sales of Rs 70 crore in FY15, Raymond Limited is targeting Rs 100 crore in FY16 and Rs 300 crore by FY18 once it completes expansion across the country.
The distribution network will service vast home furnishing retailers across the country. (SH)
Fibre2fashion News Desk – India
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