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Ushering in a New Technological Era: Retail industry goes contactless in COVID times

Social distancing, masks, and a lockdown. The COVID-19 pandemic is forcing people to stay at home, work from home and buy from home. Despite the lockdown being lifted in phases, the economy beginning to limp back to the ‘new...

Apparel industry the most adversely impacted sector: Sanjay Bahl, Group CFO, Raymond

The ongoing lockdown to curb the spread of Coronavirus has impacted the Indian retail industry in a big way. Brands like Raymond are taking steps for effective cost rationalization by cutting down all non-critical expenses and marketing spends, managing...

Raymond expects gradual pick up after lockdown

The ongoing lockdown imposed to contain coronavirus pandemic will only have a short-term sales impact on apparel industry, while softening commodity prices will support overall profitability during the current fiscal, according to a top official of Raymond Ltd. The...

Raymond's CEO for lifestyle business steps down

Sanjay Behl, Chief Executive Officer for lifestyle business at fashion and textile retailer Raymond Ltd, has decided to step down from his current role after serving for seven years. "This development is a natural transition as we are in the...

Fashion Insight: Men’s accessories segment poised for high growth in India

Accessories are no longer a need-based purchase. Nowadays, customers accessorise to make a fashion statement. The growing need among young urban customers to express their uniqueness has set the stage for the entrance of many international as well as...

Raymond hives off lifestyle business

Raymond on Thursday said it would hive off and list its core lifestyle business as a separate entity.It plans to list the new entity through the ‘mirror shareholding structure’ whereby shareholders of Raymond will be issued shares of new...

The Great Indian Mall Story: The Rise of the shopping centre industry

The Great Indian Mall Boom began innocuously enough in the early 2000s, with just three malls in existence in the entire country. Nineteen years later, the number has mushroomed to a whopping 650 malls, enabled by the fact that...

Digital Mall of Asia: Redefining shopping experience in India

Convenience and ease of purchase have become key decision making factors for retail consumers and Omnichannel provides consumers with varied options to achieve this objective.The conflict between online and physical stores is fading, as both the platforms have come...

The Scale of Store Rollout: How are retailers managing?

Even as India is slated to become a major e-commerce market, the country is, ironically, a testimony to the fact that brick-and-mortar is here to stay.Amounting to be only 7 percent of the overall market size right now, organised...

Advent of global brands and the score of Indian brands in the shirts market

How many of you still remember the name 'Stencil'? Not many I suspect. I won’t blame you. But it is quite ironic that the brand that started the readymade branded shirt trend in India in late 80s disappeared quickly...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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