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Apparel

Raymond sells stake in Rayves Automotive

Raymond has sold its stake in Rayves Automotive Textile Company to Japan-based T B Kawashima Company. Rayves Automotive Textile was a JV between Silver Spark Apparel, a subsidiary of Raymond and Treves S A of France offering printed seating fabric for Tata Motors’ Magic IRIS. Silver Spark Apparel manufactures suits and formal trousers catering...

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