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Raymond arm eyes 7% men wed-wear mkt

September 04, 2024

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The Morning Standard

RAYMOND Lifestyle, which claims to be largest integrated manufacturer of worsted suiting in the country offering comprehensive products for fabric and garmenting, has charted out a massive expansion plan adding 900 new outlets over the next three years and has set a target of cornering 7% of the male wedding wear market.

The lifestyle business arm of the century-old Raymond Group is also eyeing a 15% compounded annual growth rate to attain about 7% market share in the fast growing men's-wear wedding market by 2027, Gautam Singhania, the group chairman and managing director, told reporters here Tuesday.

المزيد من القصص من The Morning Standard

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