Raymond strengthens premium fashion presence with new Mumbai outlet

Raymond Limited has strengthened its presence in premium fashion with the launch of a high-end retail outlet at Bandra in Mumbai. This expansion into one of Mumbai’s most affluent fashion catchments serves as a strategic move to provide direct access to its luxury suiting and occasion-wear segments. By anchoring its storefronts in high-visibility urban clusters, the company continues to prioritize an asset-light retail expansion model that leverages premium neighborhood footfall to bypass the high overheads associated with larger, standalone mall developments.

Resilience amidst diversified growth

While Raymond’s broader corporate portfolio, spanning aerospace, defense, and precision engineering, has provided stable revenue growth - increasing 10 per cent to Rs 2,312 crore for FY26 - the fashion and lifestyle division remains its quintessential identity. The company currently manages a vast retail network of over 1,500 stores across 600+ cities in India. Despite navigating sector-wide inflationary pressures and shifting consumer habits, Raymond is focusing on curated, personalized tailoring experiences to maintain its dominance in the wedding and luxury formalwear markets. This ‘experience-first’ approach remains a key differentiator against purely digital-native fashion platforms

Textile pioneer renowned for custom tailoring and RTW menswear

Established in 1925, Raymond Limited is an iconic Indian textile pioneer known for premium suiting, custom tailoring, and ready-to-wear (RTW) menswear through brands like Park Avenue and ColorPlus. The company is currently diversifying into high-growth sectors, including aerospace and automotive components, while continuing to scale its heritage apparel retail network and wedding-wear portfolio across major Indian economic corridors.