12879463 Raymonds Clothing

8/3/2019 12879463 Raymonds Clothing

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RaymondsRaymonds ClothingClothing


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RewardsRewards

The Raymond ShopThe Raymond Shop Franchise Award Year 2004.Franchise Award Year 2004.

Global Operations Award of the Year 2005Global Operations Award of the Year 2005..

Raymond has won the Business Worlds Raymond has won the Business Worlds Most RespectedMost RespectedCompany Award for 2003Company Award for 2003 in the Readymade & Textiles in yearin the Readymade & Textiles in year2003.2003.

In 2003In 2003Largest brand of the YearLargest brand of the Year and and MenswearMenswearBrand of The YearBrand of The Year

ParxParx was nominated for was nominated for Most Admired Trouser BrandMost Admired Trouser Brand by byIFA 2003.IFA 2003.


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Reach of the productReach of the product

The Raymond Shop network started with a small corner shop inThe Raymond Shop network started with a small corner shop inBallard EstateBallard Estate, Mumbai, around five decades ago and has, Mumbai, around five decades ago and hasgrown more thangrown more than 300300 stores in prime locations, in 150 cities instores in prime locations, in 150 cities inIndia.India.

Extended their network overseas 25 shops in 15 plus cities ofExtended their network overseas 25 shops in 15 plus cities ofMiddle East,Middle East, SrilankaSrilanka, Bangladesh and Nepal., Bangladesh and Nepal.

The Raymond Shop retail chainThe Raymond Shop retail chain --1 million square feet1 million square feet builtbuilt--

up area.up area.

Extending its reach we are now present in some of theExtending its reach we are now present in some of the leadingleadingMallsMalls with new retail formats.with new retail formats.


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International growthInternational growth

Raymond, theRaymond, the GautamGautam SinghaniaSinghania--controlled Rs 2,500controlled Rs 2,500--crore Mumbaicrore Mumbai--basedbasedtextile company, is close to forming a joint venture (JV) with an overseastextile company, is close to forming a joint venture (JV) with an overseas

company to strengthen its position in readymade garments.company to strengthen its position in readymade garments.

International markets are very mature and have higher margins. A productInternational markets are very mature and have higher margins. A productthat we sell forthat we sell for $14$14 in India is sold atin India is sold at$21$21 in the Gulf andin the Gulf and $23$23 in China,in China,thus increasing our profit margins.thus increasing our profit margins.

The company is gradually shifting its focus towardsThe company is gradually shifting its focus towards readymadesreadymades, and a, and aforeign JVforeign JV will put its plans at fast pace.will put its plans at fast pace.


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Future of the productFuture of the product

The company has overThe company has over 400 retail400 retail and brand stores acrossand brand stores across 170 cities170 cities ininIndia and the Middle East. Recently, it opened itsIndia and the Middle East. Recently, it opened its 350th350th The RaymondThe RaymondShop in India, and plans to increase this number toShop in India, and plans to increase this number to 950950 byby 20102010..

The storesThe stores --ManzoniManzoni,,Park AvenuePark Avenue

,,ColorPlusColorPlus

,,ParxParx

,and

,and ZappZapp! are on! are onthe increase.the increase.

Introduces: kidsIntroduces: kids wear brand,wear brand,ZappZapp!, and has plans to increase the!, and has plans to increase thenumber of retail outlets to 12 across key metros in India by the year end.number of retail outlets to 12 across key metros in India by the year end.

Raymond, which owns brands like Park Avenue andRaymond, which owns brands like Park Avenue and ParxParx, both for men, is, both for men, isseriously working on enteringseriously working on entering womenswomens space.space.


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CompetitorsCompetitors

DisneyDisney :: GiniGini && JonyJony, Weekender Kids, Ruff and others., Weekender Kids, Ruff and others.

PantaloonsPantaloons

SpykarSpykar

DS Corporation andDS Corporation and MilouMilou which are launching exclusivewhich are launching exclusivestores for kids apparels.stores for kids apparels.

LevisLevis is planning to a chain of exclusive stores for women by 2009.is planning to a chain of exclusive stores for women by 2009.

SpencersSpencers


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Raymond's DenimRaymond's Denim lower profitabilitylower profitability

According to Raymonds latest annual report, its denim division was untilAccording to Raymonds latest annual report, its denim division was untilnow operating in a very competitive situation with pressure on pricesnow operating in a very competitive situation with pressure on prices(especially suppliers from China,Pakistan and Thailand are highly(especially suppliers from China,Pakistan and Thailand are highlycompetitive).competitive).

The planned capacity expansion from 30 millionThe planned capacity expansion from 30 million metresmetres per year to 40per year to 40millionmillion metresmetres per year was completed in 2005per year was completed in 2005--2006.2006.

The new capacities came into production in phases during the last quarterThe new capacities came into production in phases during the last quarterof the year ended March 2006.of the year ended March 2006.

Denim segment however accounted for only 22% of Raymond's totalDenim segment however accounted for only 22% of Raymond's totalrevenues in last fiscal year ended 31 March 2006.revenues in last fiscal year ended 31 March 2006.

Profits only accounted for 13% of total profits in addition, clearly reflectingProfits only accounted for 13% of total profits in addition, clearly reflectingthethe lowlow profatibilityprofatibility of denim activities if compared with other apparel.of denim activities if compared with other apparel.


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Business growth in the near futureBusiness growth in the near future

TheThe companycompany to generate business volume of Rs 100to generate business volume of Rs 100 crorecrore from finely craftedfrom finely craftedgarments by the year 2010, of Rs 25garments by the year 2010, of Rs 25 crorecrore from these garments.from these garments.

Menswear market which stood at Rs 3,500Menswear market which stood at Rs 3,500 crorecrore, was growing a pace of 20, was growing a pace of 20--25 per25 percent in the country.cent in the country.

Apparel several brands such as Manzoni,Park Avenue,Apparel several brands such as Manzoni,Park Avenue, ColorPlusColorPlus,,ParxParx,, NottingNotting HillHillandand ZappZapp..

The company expecting Rs 600The company expecting Rs 600 crorecrore from all of these brands by the end of this fiscalfrom all of these brands by the end of this fiscal

year.year.

Revenues worth Rs 100Revenues worth Rs 100 crorecrore by the end of fiscal 2010by the end of fiscal 2010..


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12879463 Raymonds Clothing