Park Avenue

Category development, investment behind brand-building the key.

Godrej Consumer Products: Why are we watchful, post the takeover of RCCL?

GCPL has been successful with its market development efforts for under-penetrated categories

Godrej Consumer to acquire Raymond’s consumer care business for Rs 2,825 crore

Godrej Consumer Products stated that the deal is expected to be completed by May 10.

Pune mall will be fully occupied by end of FY17: Nitesh Estates

Nitesh Estates have 18 projects in its portfolio, out of which 4 are at the handover stage, 8 are in construction and six are in the approval stage, says Ashwini Kumar, ED & COO of the company.

Raymond eyes Rs 500 cr in 3 years from small towns

Unlike most premium segment retailers, Raymond has decided to accelerate its expansion outside the metros. Raymond is targeting revenues worth Rs 500 crore in the next three years from these smaller towns, reports CNBC-TV18's Tanvi Shukla.

Ready to get dressed? Raymond plans smaller towns foray

Raymond plans to open 400 new stores in smaller towns for their next phase of expansion. The company currently has 740 stores, 600 of which are under the company’s brand name ‘The Raymond Shop’.

Raymond to raise apparel prices as high input costs bite

Cotton prices have soared in the last one year and that has left the country’s largest branded apparel retailer Raymond with little choice but to raise prices, Chairman Gautam Singhania said Friday.

Raymond earmarks Rs 250-300m for accessories biz

Textiles maker and retailer Raymond plans to invest Rs 250 million to Rs 300 million in FY12 to expand its accessories business and add sunglasses to its range, Gautam Singhania, chairman and managing director, said on Friday.

Raymond sees apparel revenue up 30% in FY11: Exec

Textiles maker and retailer Raymond Ltd expects its apparel division revenue to jump 30% in FY11, an official told Reuters on Thursday.