Raymond has announced plans to expand its Ethnix brand by adding over 100 new stores by fiscal 2025. Ethnix, which focuses on ethnic wear for celebrations, currently operates 114 stores. This expansion initiative aims to bolster the brand’s footprint and revenue within India’s
Net profits at Gautam Singhania led Raymond almost doubled to Rs 184 crore in the third fiscal quarter ending December 31, 2023 from Rs 95 crore in the corresponding quarter of fiscal 2022-23. During the three months to December 2023, revenue increased 11 percent year on year to Rs 2,450 crore, with an EBITDA margin […]
Raymond has announced the opening of its first Made-to-Measure (MTM) EBO store in Delhi’s Saket, Select City Walk Mall, marking a significant milestone post-Covid. For the MTM business, this represents a fresh start towards growth, having overcome challenges to achieve profitability last year and now confidently entering a new phase of success. Raymond team