Raymond to double retail network in Karnataka

Bangalore, Feb 9: India's leading textile and apparel major Raymonds strengthen its retail presence in Karnataka by doubling its retail network of shops from the present 27 in next two years.

Disclosing this to newsmen here Retail president Aniruddha Deshmukh said the shops would target consumers in tier four and tier five cities offering a wide choice of the Raymond brands besides an exciting shopping experience. Currently Raymond had more than 430 stores in India, Middle East, and South Asia and exclusive brand outlets. By 2010, Raymond would have a network of 950 stores in the country and 20 in overseas, he explained.

Replying to queries he said nearly 80 per cent of the shops would be given on franchise. These shops offered a complete wardrobe solutions to the discerning customers with a fine range of fabric and ready to wear collection which among others included well known brands. These shops offered over 3000 qualities, shades and designs or Raymond fabric to the customers, he added.

UNI