Raymond Limited

Apparel and textile industry company news

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Raymond shares tumble on Q2 profit decline

Michelle Russell | 30 Oct 2014

Indian textile and clothing group Raymond Ltd saw its share price tumble 4.37% after revealing a drop in second-quarter earnings.


Raymond will continue to invest as Q1 loss narrows

Katie Smith | 30 Jul 2014

Indian textile and clothing group Raymond Ltd has said it will continue to invest for growth, after narrowing its first-quarter loss thanks to higher sales.


Raymond Q3 earnings soar to $9.2m

Michelle Russell | 23 Jan 2014

Indian textile and clothing group Raymond Ltd saw its earnings soar in the third quarter on the back of growth in all of its businesses.


Raymond Q2 profit almost doubles on higher sales

Katie Smith | 24 Oct 2013

Indian textile and clothing group Raymond Ltd has seen its second-quarter net profit almost double due to higher domestic and international demand for its products.


Raymond Q1 losses widen

Petah Marian | 26 Jul 2013

Indian textile and clothing group Raymond Ltd saw first quarter losses widen on foreign exchange issues combined with weaker apparel segment sales.


Raymond hires CEO for lifestyle business

Katie Smith | 18 Jul 2013

Indian clothing manufacturer and retailer Raymond Ltd has appointed Sanjay Behl as CEO of its lifestyle business, which comprise its textiles, apparel and retail units.


Raymond FY profit plummets 82%

Katie Smith | 1 May 2013

Indian textile and clothing manufacturer and retailer Raymond Ltd has seen its profit for the last financial year plummet 82%, blaming high inflation and interest rates, subdued market conditions, and efforts to consolidate its apparel business.


Raymond resumes operations at Gujarat plant

Katie Smith | 12 Mar 2013

Indian textiles and apparel manufacturer Raymond Ltd has resumed operations at its manufacturing plant in Gujarat after the Gujarat Pollution Control Board (GPCB) withdrew its notice closure.


Raymond suspends operations at Gujarat plant

Katie Smith | 11 Mar 2013

Indian textiles and apparel manufacturer Raymond Ltd has temporarily suspended operations at its textile manufacturing plant in Gujarat, after receiving a closure notice for allegedly violating pollution rules.


Raymond Q3 profit slides 74%

Katie Smith | 24 Jan 2013

Indian textiles and apparel manufacturer Raymond Ltd has seen its third-quarter net profit plummet on the back of higher costs and a "challenging" trading environment - but said it remains confident in its outlook.


Raymond swings to Q3 profit despite challenges

Leonie Barrie | 20 Jan 2012

Indian textiles and apparel manufacturer Raymond Ltd has swung to a third quarter profit thanks to strong sales in its textiles, denim and branded apparel segments.


Global news roundup

just-style.com | 21 Jul 2010

The following is a roundup of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.


Raymond targets retail growth after Q3 profit

just-style.com | 21 Jan 2010

Raymond Ltd, one of India’s leading textile and apparel companies, has swung to a third quarter profit, helped by higher sales and lower material costs.


Raymond takes full ownership of Gas denim brand

just-style.com | 2 Oct 2009

Apparel and textile group Raymond Ltd has taken full ownership of the Gas denim brand in India after Italian firm Grotto SpA relinquished its 50% stake in the venture.


Uco Fabrics to close US plant

just-style.com | 27 Oct 2008

Denim maker Uco Fabrics Inc is to close its plant in Rockingham, North Carolina, with the loss of 198 jobs.


Raymond swings to Q1 loss

just-style.com | 1 Aug 2008

Despite rising sales, Raymond Ltd, one of India’s leading textile and apparel companies, has swung to a first quarter loss of INR416m (US$9.8m) from a profit of INR54m in the same period last year.


Raymond sets record price for finest wool bale

just-style.com | 27 Jun 2008

Indian textile major Raymond Limited, one the world’s largest worsted suiting companies, has paid the record price of $250,000 for a bale of ultrafine Australian wool.


Raymond Q4 profit jumps 153%

just-style.com | 30 Apr 2008

Indian textiles to tools maker Raymond Ltd today (30 April) posted a 153% hike in fourth quarter profit, helped by strong sales of its branded apparel.


Stage Stores names new CFO

just-style.com | 13 Sep 2007

Fashion retailer Stage Stores has announced the appointment of Edward Record as its executive vice president, chief financial officer.


Kohl's boosts second quarter net income 15.9%

just-style.com | 20 Aug 2007

Kohl’s Corporation's second quarter profit rose 15.9% to US$269.2m in what the company described as a "consistent" period.


Li & Fung spends $243m on apparel, shoe firms

just-style.com | 16 Aug 2007

Hong Kong-based Li & Fung, the world’s biggest textile sourcing group, has posted a 38% hike in first half profit and says it is to spend more than $243m on buying two suppliers to help it take advantage of the global trend toward outsourcing.

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