Raymond downs shutters on premium brand Be:Home
Gautam Singhania-led textile major Raymond has shut down its premium brand offering, Be:Home, within two years of its launch. All four multi-speciality Be:Home stores in Mumbai and Delhi have been shut down, a company spokes-person said, refusing to comment on the reason for the move.
“In line with our ongoing and continuous strategic evaluation of our [...]
Raymond aims 40% growth, to add 300 stores
Apparel house Raymond today said it is aiming to increase revenue from retail business by up to 40 per cent in two years from the current Rs 1,000 crore, for which it will add more stores in smaller towns.
“We are looking at 30-40 per cent jump in revenue from retail business in the next two [...]
