Raymonds plans expansion programme

Raymond is planning an expansion programme where it will set up 75 new stores and 50 old ones that would get renovated in the next four quarters. Most of the Made to Measure stores would be company-owned, while the rest of the Raymond Shops are likely to be expanded through franchises. The company is now seeking margin expansion and profitability for its branded apparel segment, where it has Park Avenue and ColorPlus as its leading brands. Its largest apparel brand, Park Avenue, with revenues at ?500 crore, is also expected to expand its footprint from the current 65 excusive stores.

<strong>Company Profile : <a href=http://industry-report.net/raymond-ltd>Raymond Ltd</a></strong>

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