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The exclusive Raymond Retail showroom, King's Corner, was opened at Ballard Estate in Mumbai. [9] In 1968, Raymond had set up a readymade garments plant at Thane. A new manufacturing facility was set up at Jalgaon (Maharashtra) during the year 1979 to meet the increasing demand for worsted woollen fabrics.
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] The group owns apparel brands like Raymond, Premium Apparel, Raymond Made to Measure, Ethnix, [4] Park Avenue Woman [5] ColorPlus, [6 ...
Ludlow Slim-fit Unstructured Suit Jacket. Matching Suit Pants: Ludlow Slim-fit Unstructured Suit Pant $168 AT J.CREW. Crafted from fine Italian wool, this cotton-linen suit is designed to blend ...
Gautam Singhania joined the Singhania family's JK Group of companies in 1986. He later joined the family's Raymond Group, becoming a director in 1990, the managing director in July 1999, and the chairman in September 2000. He restructured the group and sold Raymond's non-core businesses (synthetics, steel and cement). [2]
In other cases, the merchant is assessed "counter rent" for a "store-within-a-store" concept, common in the cosmetics industry, but also not unheard of in clothing. In other cases, the vendor agrees to buy back unsold merchandise from the retailer — this is a common arrangement for higher-value seasonal clothing, like designer coats.
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