RAYMOND BRANDED TEXTILES: RECOVERY SOMETIME AWAY

RAYMOND BRANDED TEXTILES: RECOVERY SOMETIME AWAY

13th July 2021, Mumbai:

"April-June 2021 quarter was the darkest hour of the fiscal", admitted Raymond the leading Apparel player.

 
Stores were added mostly through franchise model, 198 non-profitable stores were shut down, there was limited short-to-mid term visibility due to unprecedented market disruption, and e-commerce website "myraymond" witnessed a decent traction as per the annual report of the company. With the reopening, increased footfall, upcoming wedding season, vaccination gathering momentum, demand to grow higher. 
 
  
 

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