Launched in 1986, Park Avenue provides stylish and innovative wardrobe solutions to well-dressed gentlemen. As India’s premium lifestyle brand, its designs embody the latest in international fabric, styling, colour and fashion trends. We cater to customer needs with formal clothing for varied occasions; be it for a day at office, high-powered corporate meetings, family get-togethers or festive occasions. The shirts, trousers, suits and jackets need little care and therefore convenient to carry, while traveling.
Lycra Images Fashion Awards 2006The Park Avenue Heritage Wear collection, which includes a range of kurtas & pajamas, made of pure silk and handcrafted embroidery, have gained the appreciation of our discerning customers. Our creations can be found at exclusive Park Avenue stores and ‘The Raymond Shop’ chain of stores.
The brand has received several awards. Recently, it had the honor of being the ‘Most Admired Brand’ at the Lycra Images Fashion Awards 2006, for the second consecutive year.
Raymond plans range for babies.
Pradipta Mukherjee / Kolkata October 10, 2007.
After Zapp! for children between 4 and 12 years, apparel major Raymond, is planning to roll out ‘Baby Zapp’ for children between 0 and 4 years.
The new brand would be launched by November this year, targetting the festive season when sales escalade by 30 per cent.
The company is planning to roll out an extensive advertising campaign for Baby Zapp.
The ads would target young mothers who are the biggest buyers for baby clothes.
Speaking to Business Standard, Shreyas Joshi, president of Raymond Apparel said, “Baby Zapp, as a brand, would be positioned in the mid to premium segment. This means Baby Zapp range would start from Rs 300 and go up to Rs 1000.”
Another way to build a new brand, according to Joshi, would be to introduce an exclusive website for it, which would not only provide picturisque details of the brand and its entire range, but also provide store details, locations, etc.
The company is also planning exclusive standalone stores for Baby Zapp to push its visibility.
Raymond forayed into the kid's apparel market with Zapp! in 2006 with an investment of close to Rs 7 crore in a national roll of exclusive Zapp! outlets.
The new Baby Zapp would also need an investment in that range once its retail plans are finalised. Initially, Baby Zapp would be stocked at the company’s Zapp! outlets across India.
The current market size for kids branded apparel in India is close to Rs 27000 crore, however, the contribution of organized players is limited to Rs 500 crore.
Raymond is looking at about Rs 30 crore by the end of 2008 from its Zapp! brand.
“We are now looking at setting up exclusive standalone outlets for most of our brands, instead of stocking all of them in multi-brand-outlets. The rationale is to increase visibility for each of our brands,” Joshi explained.
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