Raymond Ltd, one of India's leading textiles and apparel majors, is targeting 20-25 per cent growth in its turnover in the current financial year.
Raymond had clocked a turnover of around Rs 1500 crore in the last fiscal.
"We are targeting 20-25 per cent growth in our turnover in this fiscal. We have 543 Raymond stores in the country and 40 overseas stores. Orissa contributes around Rs 50 crore to our turnover. Every year, we are investing Rs 65-70 crore on brand building", said B Madhu Kumar, vice president (retail), Raymond Ltd.
Raymond Ltd on Saturday, opened its second exclusive store in the city. Spread over 2875 sq ft, the store will offer to the customers the entire range of Raymond fabrics and apparel brands in a premium ambience. The store offers complete wardrobe solutions to its customers with a fine range of fabric and ready to wear collection. It offers over 3000 qualities, shades and designs of Raymond fabric to its customers.
In addition to the complete range of suiting and shirting fabric from Raymond, it also offers custom tailoring along with men's apparel and accessories from Park Avenue, Parx, Color Plus and the latest launch of Readymades.