Raymond Limited

Apparel and textile industry company news

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Raymond shares tumble on Q2 profit decline Michelle Russell | 30 Oct 14

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


INDIA: Raymond will "continue to invest" as Q1 loss narrows Katie Smith | 30 Jul 14

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.


INDIA: Raymond Q3 earnings soar to $9.2m Michelle Russell | 23 Jan 14

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.


INDIA: Raymond Q2 profit almost doubles on higher sales Katie Smith | 24 Oct 13

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.


INDIA: Raymond Q1 losses widen Petah Marian | 26 Jul 13

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


INDIA: Raymond hires CEO for lifestyle business Katie Smith | 18 Jul 13

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.


INDIA: Raymond FY profit plummets 82% Katie Smith | 1 May 13

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.


INDIA: Raymond resumes operations at Gujarat plant Katie Smith | 12 Mar 13

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.


INDIA: Raymond suspends operations at Gujarat plant Katie Smith | 11 Mar 13

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.


INDIA: Raymond Q3 profit slides 74% Katie Smith | 24 Jan 13

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.


INDIA: Raymond swings to Q3 profit despite challenges Leonie Barrie | 20 Jan 12

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 10

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.


INDIA: Raymond targets retail growth after Q3 profit just-style.com | 21 Jan 10

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.


INDIA: Raymond targets retail growth after Q3 profit just-style.com | 21 Jan 10

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.


INDIA: Raymond takes full ownership of Gas denim brand just-style.com | 2 Oct 09

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.


US: Uco Fabrics to close plant with loss of 198 jobs just-style.com | 27 Oct 08

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


INDIA: Raymond swings to Q1 loss just-style.com | 1 Aug 08

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.


INDIA: Raymond sets record price for finest wool bale just-style.com | 27 Jun 08

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.


INDIA: Raymond Q4 profit jumps 153% just-style.com | 30 Apr 08

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.


US: Stage Stores names new CFO just-style.com | 13 Sep 07

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


US: Kohl's boosts second quarter net income by 15.9% just-style.com | 20 Aug 07

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


US: Kohl's boosts second quarter net income by 15.9% just-style.com | 20 Aug 07

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


HONG KONG: Li & Fung spends $243m on apparel, shoe firms just-style.com | 16 Aug 07

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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