18 September 2024: Raymond CMD Gautam Singhania, celebrated the brand embarking upon its centenary year by addressing a conference. Raymond Lifestyle Ltd (RLL) is looking to expand its footprint beyond the 85-strong ‘The Raymond Shop’ network across West Bengal by adding 40-50 more shops in the next three years.
To celebrate a century of dressing Indian weddings, Raymond Lifestyle Ltd (RLL) is embarking on a massive retail expansion initiative across India. As part of its centenary celebrations and ambitious growth strategy, RLL aims to open 900 new outlets pan-India over the next three years. This will position the company to capture a dominant 7% market share in the rapidly growing men's wear wedding market by 2027, targeting a 15% CAGR.
“As we enter our centenary year, we are thrilled to be expanding our presence in Kolkata, a city known for its rich heritage and discerning taste,” said Raymond CMD Gautam Singhania. “We see a significant opportunity to connect with Kolkata’s fashion-forward consumers, offering them our unique blend of traditional craftsmanship and modern designs. We are confident our new stores will resonate with the city’s sophisticated style.”
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