News Desk, News Nation 360 : In a recent speech at a press conference, Raymond CMD Gautam Singhania commemorated the brand's entry into its centenary year. In the next three years, Raymond Lifestyle Ltd. (RLL) hopes to add 40–50 more stores to its network of "The Raymond Shops," which currently numbers 85. To commemorate a century of providing Indian wedding dresses, Raymond Lifestyle Ltd. (RLL) is starting a significant retail expansion program throughout the country. Over the next three years, RLL plans to open 900 additional locations throughout India as part of its centenary celebrations and aggressive growth strategy. With a 15% CAGR in mind, the business will be in a strong position to take a 7% market share in the rapidly expanding men's clothing wedding industry by 2027. Additionally, Raymond Ltd., the world's foremost international brand valuation consultancy, achieved a significant milestone in 2024 by joining the top 10 strongest brands in India, as per the most recent Brand Finance report. This accomplishment highlights Raymond's strong brand equity and steady performance in the cutthroat Indian market. He also added that they see a big chance to engage with Kolkata's stylish customers by presenting them with their distinctive fusion of contemporary and traditional design elements. They are sure the elegant style of the city will complement their new shopfronts.
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