The story
Established initially as a small woolen mill near Thane Creek in 1925, Raymond Woolen Mill developed into Raymond Ltd. following Lala Kailashpat Singhania's takeover in 1944.
The brand opened its first exclusive showroom in King's Corner, Ballard Estate Mumbai in 1958.
In 1967, the company launched Trovine, a first-of-its-kind fabric tailored to be cool and comfortable for Indian summers.
A new manufacturing facility was established in Jalgaon in 1979 in order to meet the increasing demand for worsted woolen fabrics.
In 1990, the brand inaugurated its first overseas showroom in Oman.
In the late 90's, the brand spread its business in various sectors, launching KamaSutra, Raymond Aviation, Parx, and denim manufacturing.
Mr. Gautam Singhania was appointed Chairman and Managing Director in 2000. The company acquired ColorPlus in 2002.
In 2013, Raymond opened its outlet in Karachi, Pakistan, becoming the first Indian brand to branch out into the neighboring country's retail market.
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In 2015, Raymond Ltd. became the first textile company to produce in Super 250s and innovative fabrics in the world.
As of 2018, the brand has crossed the landmark of 900 stores across 500+ towns and cities in India, making this the fastest ever retail expansion by any brand.
From Wikipedia’s article on Raymond Group, shared under CC BY-SA 4.0.4