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, Raymond Premium Apparel, Raymond Made to Measure, Ethnix,[4] Park Avenue, 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 & toiletries, engineering files and tools, prophylactics and air charter operations. In 2019, Raymonds announced its venture into real estate business under Raymond Realty. The new venture is poised to start with an investment of ?250 crore (approx $36 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]
CEO | Stock Price | Founder | Headquarters | Revenue | Founded | Area Served |
---|---|---|---|---|---|---|
Shri Gautam Hari Singhania | 949.45 INR | AJ Raymond | Mumbai, Maharashtra | $ 800 million | India |