Raymond Group

Last updated

Raymond Group
Company typePublic Company
IndustryTextiles, Engineering, Aviation & Real estate
Founded1925;99 years ago (1925)
FounderAlbert Raymond
Headquarters Mumbai, Maharashtra, India
Key people
Gautam Singhania (Chairman)
ProductsFabrics, garments, designer wear, denim, cosmetics & toiletries, engineering files & tools, prophylactics and air charter services
Revenue 5,913 crore (US$710 million) (2023) [1]
Subsidiaries Raymond Ltd
Website www.raymond.in
A Raymonds Store in Esplanade, Kolkata. Raymond Store in Esplanade, Kolkata.jpg
A Raymonds Store in Esplanade, Kolkata.

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]

Contents

The group owns apparel brands like Raymond, Premium Apparel, Raymond Made to Measure, Ethnix, [4] 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 and toiletries, engineering files and tools, prophylactics and air charter operations.

In 2019, Raymond 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]

See also

Related Research Articles

Lane Bryant Inc. is an American women's apparel and intimates specialty retailer focusing on plus-size clothing. The company began in 1904 with maternity designs created by Lena Himmelstein Bryant Malsin. Lane Bryant, Inc., is the largest plus-size retailer in the United States. As of 2022, the chain consists of 448 stores in 46 U.S. states. Lane Bryant, Inc. is not affiliated with Lane Bryant catalog, which was spun off as a separate business in 1993.

<span class="mw-page-title-main">Aditya Birla Group</span> Indian multinational conglomerate

Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai, India. The group's business interests include metals, cement, fashion and retail, financial services, renewables, fibre, textiles, chemicals, real estate, trading, mining, and entertainment. The group has a presence in 36 nations and a combined annual revenue of US$62 billion, over 50% of which is derived from its overseas operations.

The Izod Corporation is an American midrange clothing company that produces dressy-casual clothing, sportswear for men, and footwear and accessories. It is a division of Authentic Brands Group, and is currently marketed and manufactured by Centric Brands under a long-term licensing agreement. Other Izod classics include the Harrington jacket G-9 model and V-neck and cardigan sweaters. Today, the closest competitor of the Izod brand is the Chaps brand owned by Ralph Lauren Corporation, while the U.S. Polo Assn. brand is also an indirect competitor.

<span class="mw-page-title-main">Trent Limited</span> Indian retail company

Trent Limited is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar and Zara through joint ventures.

Charming Shoppes, Inc. is a specialty and plus size clothing retail holding company based in Bensalem, Pennsylvania; a suburb of Philadelphia. Its subsidiaries include Lane Bryant, Cacique, Fashion Bug, and Catherines Plus. Clothes were sold from over 2300 retail stores in the United States, as well as numerous catalogs and online sites. In 2012, the company and assets were acquired by Ascena Retail Group.

Icebreaker is a merino wool outdoor and natural performance outdoor clothing brand headquartered in Auckland, New Zealand. It was purchased by VF Corporation, a NYSE listed entity in 2018. Icebreaker was conceived and designed around the philosophy of sustainability, using natural fibres, environmental and social ethics, and animal welfare. The company began by specialising in the creation of merino base layers and now offers underwear, mid layers, outer wear, socks and accessories based on natural fibres.

Future Group was an Indian conglomerate, founded by Kishore Biyani and based in Mumbai. The company is known in Indian retail and fashion sectors, operating supermarket chains Big Bazaar and Food Bazaar, lifestyle stores Brand Factory and Central, integrated foods and FMCG manufacturing sectors. Future Retail Limited and Future Lifestyle Fashions Limited are two operating companies whose assets are among the top retail companies listed in BSE, with market capitalization among the highest on the National Stock Exchange of India.

<span class="mw-page-title-main">Express Avenue</span> Shopping mall in Chennai, India

Express Avenue is a shopping mall in Chennai promoted by Express Infrastructure, A division of Express Newspapers Pvt. Ltd. which is bought by Ramnath Goenka from the monies of tha capitalists partner Raja Mohan Prasad and is held in trust by the current legal heirs for the family of Raja Mohan Prasad as per the trust deed given by Ramnath Goenka to Raja Mohan Prasad and is home to the largest gaming arcade in South India. Built at a cost of 7,500 million (US$90 million), the mall is spread over 1,750,000-square-foot (163,000 m2), including 900,000-square-foot (84,000 m2) of leasable (retail) area. The mall has 8 anchor tenants and 150 vanilla tenants.

<span class="mw-page-title-main">MAS Holdings</span> Sri Lankan apparel company

MAS Holdings is a Sri Lankan apparel manufacturer. The company was founded in 1987 by Mahesh, Sharad and Ajay Amalean. MAS Holdings began as an underwear manufacturer and later diversified into sportswear, performance wear and swimwear.

<span class="mw-page-title-main">Reliance Retail</span> Indian retail company

Reliance Retail is an Indian retail company and a subsidiary of Reliance Industries. Founded in 2006, it is the largest retailer in India in terms of revenue. Its retail outlets offer foods, groceries, apparel, footwear, toys, home improvement products, electronic goods, and farm implements and inputs. As of 2023, it has over 245,000 employees at 18,000 store locations in 7,000 towns. Apart from physical stores, the company also sells products on its e-commerce channels.

<span class="mw-page-title-main">Raymond Ltd</span> Indian fabric manufacturer

Raymond Ltd is largest integrated manufacturer of fabric in the world based in Mumbai, Maharashtra. It has over 60% market share in suiting in India. It is also India's biggest woolen fabric maker. Textile division of the company has a distribution network of more than 4,000 multi-brand outlets and over 637 exclusive retail shops in the domestic market itself. Suitings are available in India in over 400 towns through 30,000 retailers and an exclusive chain is present in over 150 cities across India. Its products exports to over 55 countries including US, Canada, Europe, Japan and the Middle East. It has more than 20,000 design and colours of suiting fabric which makes it one of largest collection of designs and colours by single company. It was listed as India's most trusted apparel brand by The Brand Trust Report in 2015.

Yepme was an online shopping company headquartered in Gurgaon, Haryana, India. It was established in April 2011. The company specialized in the online retailing of men's and women's garments and accessories. In August 2011, the company positioned itself as a fully-fledged private label fashion brand.

<span class="mw-page-title-main">Clothing industry</span> Industry encompassing the design, manufacturing, wholesaling and retailing of clothes

Clothing industry or garment industry summarizes the types of trade and industry along the production and value chain of clothing and garments, starting with the textile industry, embellishment using embroidery, via the fashion industry to apparel retailers up to trade with second-hand clothes and textile recycling. The producing sectors build upon a wealth of clothing technology some of which, like the loom, the cotton gin, and the sewing machine heralded industrialization not only of the previous textile manufacturing practices. Clothing industries are also known as allied industries, fashion industries, garment industries, or soft goods industries.

<span class="mw-page-title-main">Arvind (company)</span> Indian textile company

Arvind Limited is an Indian textile manufacturer and the flagship company of the Lalbhai Group. Its headquarters are in Naroda, Ahmedabad, Gujarat, India, and it has units at Santej. The company manufactures cotton shirting, denim, knits and bottomweight (khaki) fabrics. It had also recently ventured into technical textiles with its Advanced Materials Division in 2011. The company is India's largest denim manufacturer.

Siyaram Silk Mills Limited, also known as Siyaram's and as SSML, is an Indian blended fabric and garment-manufacturer, with an associated chain of retail outlets and branded showrooms and an online store—Siyaram's Online Shop. Siyaram's was incorporated in 1978, and is headquartered in the Kamala Mills compound, Lower Parel, Mumbai.

<span class="mw-page-title-main">Shrikant Joshi</span>

Shrikant Prabhakar Joshi is the Member of Ecom & Advisor to CMD of L&T Realty, the Real-estate arm of a $21 billion building and development conglomerate Larsen & Toubro Ltd.

The Singhania family is a prominent Indian business family, that started out in the Indian city of Kanpur. The family expanded into three major branches and is currently based out of Kanpur, Mumbai and Delhi. JK Organisation founded by Lala Kamlapat Singhania is one of the largest conglomerates in India today, with multiple million and billion dollar companies under its belt. The family owns majority stakes in several publicly listed companies such as JK Tyre, JK Cement, JK Lakshmi Cement, JK Paper, Jaykay Enterprises, JK Agri Genetics and JK Dairy. Some privately held companies in the family are Raymond Group, J.K. Ansell, JK Tech, JK Fenner, JK Insurance brokers and Global Strategic Technologies.

<span class="mw-page-title-main">Viviana Mall</span> Shopping mall in Maharashtra, India

Viviana Mall is a shopping mall located in Thane West, Thane, Maharashtra. Located on the Eastern Express Highway, it is well-connected with all areas of the city. It has a wide range of retail and entertainment outlets at the mall. Built on a 13-acre plot and spread over an area of 1.7 million sq ft, the mall has a leasable area of approx 1 million sq ft and also (Cinépolis) movie theatre. The mall has Fun City, which is an Arcade for kids to play. The mall has over 250 stores which comprises 19 large and mini anchors tenants.

<span class="mw-page-title-main">Tata Cliq</span> Indian e-commerce company

Tata CLiQ is an Indian e-commerce company based in Mumbai, India. It is owned by Tata Unistore Limited of Tata Group. Tata CLiQ operates in categories such as Fashion, Footwear, and Accessories. Tata Group's E-commerce platform, Tata CLiQ, also launched a premium and luxury fashion and lifestyle destination, Tata CLiQ Luxury, and it houses a wide range of apparel and accessories for men and women by luxury and bridge-to-luxury brands.

Virtuous RetailSouth Asia (VRSA) owns and operates shopping centres across India in major cities like Chennai, Bengaluru, Surat, Amritsar, Nagpur, and Chandigarh. Their centres are designed with a focus on integrating the historical and cultural heritage of the surrounding community into their architecture and programming. These centers typically feature a diverse range of food and beverage options, retail and community spaces, but their scope extends beyond mere shopping experiences...

References

  1. "Raymond Profit and Loss Report". Economic Times . 3 January 2021. Retrieved 3 January 2021.
  2. "Raymond board approves foray into real estate sector". 18 September 2009.
  3. ET Bureau, "India Inc seeks conducive tax environment, bold reforms", The Economic Times, 7 June 2014
  4. "Welcome to Raymond".
  5. "Park Avenue Woman's Online Catalog". Archived from the original on 20 September 2012. Retrieved 4 November 2012.
  6. "ColorPlusOnline.com – Online Shopping and Retail Store". Archived from the original on 2 October 2013. Retrieved 8 September 2013.
  7. Patwa, Bidya Sapam,Prasannata (3 April 2019). "Raymond starts real estate business with Thane residential project". Mint. Retrieved 4 April 2019.{{cite web}}: CS1 maint: multiple names: authors list (link)