The Raymond Shop, a leading apparel brand under the Raymond Group, has opened two new stores in Noida, as announced by a company official on social media.
The newly established stores can be found in Sector 32 and Sector 104 of Noida.
“Excited to announce the opening of two new landmarks, The Raymond Shop in Noida Sec-32 & Noida-104,” stated Narender Yadav, Retail Area Manager at Raymond Limited, in a LinkedIn post.
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The Raymond Shop has established its presence in over 600 towns and cities across India. With nearly a century of experience, Raymond provides a range of casual, semi-formal, formal, and traditional Indian fashionwear, as stated in a press release by the company.
The Group stands as a prominent player in the menswear industry with a diverse portfolio of brands including Raymond Fine Fabrics, Raymond Made-to-Measure, Raymond Ready-to-Wear, Ethnix by Raymond, Park Avenue, Color Plus, and Parx.
The fashion retailer has recently opened its largest outlet in Kerala, covering a vast retail area of 22,500 sq. ft. Additionally, the company reported that its consolidated net profit for the December quarter of Financial Year (FY) 2024 nearly doubled, reaching INR 185.39 crore.
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The brand recently announced a partnership with Bollywood celebrity couple Aparshakti Khurana and Aakriti Ahuja, aiming to showcase Raymond’s men’s wardrobe collection as the go-to choice for individuals with a discerning sense of style.
On Friday, shares of Raymond Ltd closed at INR 1,920 per share on the NSE, marking a decrease of 0.57%.
