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People

Raymond: Gautam Singhania resigns, Nirvik Singh new non-executive chairman

Gautam Singhania has resigned as chairman of Raymond Apparel and been replaced by Nirvik Singh who has been appointed non-executive chairman. Singhania will however continue to be on the company's board. Along with Singh, Anshu Sarin and Gautam Trivedi also joined the board as non-executive director and independent director, respectively. Last...

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Fashion

Park Avenue: Plans 10 EBOs, lifestyle accessories

Eyeing Rs 350 crores turnover for this year, Park Avenue from Raymond Apparel is extending its retail reach by launching 10 new EBOs. “I am very optimistic about the upcoming winter. We are anticipating a great season,” says an optimistic Shreyas Joshi, President, Raymond Apparel. “I think consumer sentiments are already turning positive, which...

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