Raymond's Park Avenue to launch 100 new stores in two years

The flagship brand also plans to launch exclusive stores in international markets, with the first one coming up at Sharjah this November

Apparel maker Raymond Ltd’s flagship brand, Park Avenue, is on an expansion spree and would be doubling the number of its exclusive stores to 200 in the next two years. The retailer will also be opening its first international store in Sharjah coming November.

Currently present through 30 Raymond stores in West Asia, Nepal and Sri Lanka, Park Avenue is planning to open 10 exclusive stores in the international market. This would help it double the revenue contribution from international markets to 10 per cent of its top line over the next two years. Park Avenue is also exploring south