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Raymond may launch low-priced apparel brand

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Raymond Ltd is planning to add one more brand in its fold. The company is planning to come out with a low-priced apparel brand. Sources close to the development say that the company is looking at the prospect of launching a new low-priced apparel brand, but nothing can be said for certain.

Raymond Apparel Ltd makes brands like Park Avenue, Parx, Raymond and ColorPlus. Recently, the company made public its plans to roll out The Raymond Store (TRS) and other exclusive brand outlets (EBOs).

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