raymond lifestyle – News Express

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‘Say no to Gautam Singhania as Raymond Lifestyle chairman’ – ET Retail

adminDecember 3, 202404 mins

Mumbai: Two corporate governance advisory firms – Stakeholders Empowerment Services (SES) and Institutional Investor Advisory Services India (IiAS) – have recommended shareholders of Raymond Lifestyle to vote against Gautam Singhania‘s appointment as executive chairperson. The proxy advisors cited Singhania’s appointment ahead of the board approval, concerns over remuneration policies and potential “reputational risks” as among…

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Clothing brands see upbeat consumer sentiment this Diwali; expect strong demand momentum during wedding season – ET Retail

adminOctober 23, 202406 mins

Representative Image With a growing consumer confidence and festive season in full swing, lifestyle and clothing brands in India are witnessing a strong consumer demand and positive sentiments, after a slower first half of the year. According to industry experts, the season promises a significant sales growth, as the focus shifts toward festive wear, wedding…

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Indian apparel firm Raymond Lifestyle to hire 9,000 workers for hundreds of new stores – ET Retail

adminOctober 22, 202403 mins

Representative image Indian apparel firm Raymond Lifestyle will hire about 9,000 workers for hundreds of stores it plans to add in the next three years, Group Chairman Gautam Singhania told Reuters. Founded in 1925, Raymond’s business, which also includes its real estate and engineering units, spun off its lifestyle division earlier this year to simplify…

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Raymond Lifestyle eyes 7% share in men’s-wear wedding market by 2027 – ET Retail

adminSeptember 3, 202405 mins

New Delhi: Raymond Lifestyle Ltd. (RLL), whose shares will be listed on the bourses on September 5, 2024, is on its way to towards the largest-ever retail expansion by adding 900 new outlets over three years. It is eyeing a 15 per cent compounded annual growth rate (CAGR) to attain around 7 per cent market…

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Raymond Lifestyle plans 900 stores in 3 years: Gautam Singhania – ET Retail

adminAugust 30, 202402 mins

Raymond Lifestyle plans to add 900 stores over the next three years, targeting 12-15% annual sales growth and 18-20% operating profit growth, according to chairman Gautam Singhania. Shares of Raymond Lifestyle, the demerged unit of Raymond, are set to list on the bourses on September 5. Singhania told ET that internal challenges in China and…

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Raymond Lifestyle appoints Rajiv Sharma as non-executive director – ET Retail

adminAugust 26, 202402 mins

Representative Image New Delhi: Raymond Lifestyle has appointed Rajiv Sharma as the Non-Executive Director, expanding its Board of Directors, it announced in a press release on Monday. The appointment follows Raymond’s plan to list the demerged business – Raymond Lifestyle Limited, in early September. On his appointment, Gautam Hari Singhania, chairman of Raymond Lifestyle commented,…

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Raymond Lifestyle onboards top guns ahead of likely IPO – ET Retail

adminJuly 15, 202405 mins

Gautam Singhania, chairman of Raymond Mumbai: Raymond Lifestyle (RLL), the demerged entity of the ₹9,286-crore conglomerate Raymond, has appointed some top executives of India Inc as independent directors ahead of a possible listing next month. Vineet Nayar, former chief executive of HCL Technologies, GC Chaturvedi, former chairman of ICICI, Anisha Motwani, board member of Abbott,…

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Raymond looks to enhance relevance for the younger generation; continue expanding footprint across India – ET Retail

adminMarch 17, 202404 mins

New Delhi: Raymond, a leading menswear brand in the country, is looking to enhance its relevance among younger demographics and build its ready-to-wear category, said Sunil Kataria, CEO of Raymond Lifestyle, while speaking at the Great India Retail Summit 2024, that happened in Mumbai last month. Kataria outlined the company’s strategic pivot towards casualization within…