There are two Park Avenues on Indian shelves and they belong to two different listed companies. One sells deodorant and shaving cream. The other sells shirts, trousers and suits — this page is about that one.
The split was written into a trade mark sale announced in April 2023, and it shows on the register itself, class by class. A shopper in a mall sees none of it.
Park Avenue clothing belongs to Raymond Lifestyle Limited, listed as RAYMONDLSL on the NSE and 544240 on the BSE. The name comes from a Manhattan street; the mark is Indian and has been since 1986, with no foreign licensor on any filing. Almost nothing sells at MRP — 3,282 of 3,509 listings checked on 6 September 2026 were below it, medians of 52% off on the brand’s own store and 59% on Myntra.
Snapshot
- Launched
- 1986
- Owner today
- Raymond Lifestyle Limited, CIN U74999MH2018PLC316288, registered at MIDC Waluj, Aurangabad
- Not the owner
- Raymond Limited, BSE 500330 — a separate listed company, now in engineering
- Core line, charged
- ₹489 to ₹2,679; the same garments carry MRPs of ₹1,311 to ₹2,624
- Checked on
- 6 September 2026
Who owns Park Avenue clothing
Raymond Lifestyle Limited’s own listing document, the Information Memorandum of 28 August 2024, lists the trade marks it holds: Raymond, Park Avenue, ColorPlus, Parx, Ethnix by Raymond and The Raymond Shop. No licence, foreign proprietor or royalty appears against any.
Getting the name right matters. Raymond Lifestyle Limited is the same legal entity once called Raymond Consumer Care Limited. Raymond Limited, the ticker most Indians know, is a different company, now in engineering.
- Ray Universal Trading Private LimitedIncorporated 26 October 2018
- Ray Universal Trading LimitedFresh certificate 3 March 2020
- Raymond Consumer Care LimitedFresh certificate 18 July 2020
- Raymond Lifestyle LimitedFresh certificate 2 May 2024; holds the Park Avenue mark
Names and dates from the Information Memorandum, 28 August 2024.
The apparel business did not reach that company in 2023. It came across on a scheme the National Company Law Tribunal sanctioned on 21 June 2024, appointed date 1 April 2023, record date 11 July 2024. The announcement and the transfer sit in different years, and 2024 decides who answers for a shirt today.
The register reads as two chains
On a public mirror of the Indian trade mark register, whose data runs to 18 February 2025, Park Avenue is not one mark with one owner.
| Class | Records found | Proprietor named on the mirror |
|---|---|---|
| Class 3 — cosmetics, soaps, deodorants | 52 of 52 | J.K. Helene Curtis Limited, every one |
| Class 25 — clothing | 17 of 17 | Raymond Apparel Limited (11) and J.K. (Bombay) Limited (6) |
Searched 6 September 2026 on a mirror, not the registry’s own search. A mirror shows who a recorded proprietor is; it cannot show that a transfer has not happened since.
The two clothing names are one company. Raymond Apparel Limited, CIN U51109MH1948PLC006460, was incorporated in July 1948 as J.K. (Bombay) Limited, and the register carries its status as amalgamated. Its oldest Park Avenue clothing mark was registered on 5 September 1986, the year the brand gives for the launch.
J.K. Helene Curtis Limited, the name on all 52 class 3 records, is a separate company and is not the one that became Raymond Lifestyle. The same Information Memorandum lists it in the promoter group, holding 4.72% of the paid-up capital as at 28 August 2024. Godrej Consumer Products’ announcement of 27 April 2023 describes its purchase of “Park Avenue (for the FMCG category)”, with KS, KamaSutra and Premium, as a slump sale by Raymond Consumer Care Limited. No filing we could find links J.K. Helene Curtis to that agreement, so this page draws no line. The grooming audit covers the sold half.
So Park Avenue is an Indian mark wearing a New York street name, owned outright, with no foreign chain behind it. English names reach Indian labels by other routes: Arrow is licensed and its owner’s filings say so in terms, and Louis Philippe was created by a British company and bought outright in 2000.
What the label says
Under the Legal Metrology (Packaged Commodities) Rules 2011, a pre-packed garment must declare the manufacturer or importer and address, the country of origin, the net quantity and an MRP inclusive of taxes. That declaration names who is legally answerable for the goods, not who sewed the garment.
Across 124 Park Avenue declarations read on three marketplaces on 6 September 2026, 34 distinct manufacturer names appear. Counted by listing, 113 name a company outside the Raymond group and 11 name a group entity — Raymond Ltd, Raymond MTM at Jekegram, a Banswara Garments line and Silver Spark Apparel Limited, a subsidiary named in the Information Memorandum.
They cluster by garment: shirts and t-shirts from Bangalore and Ludhiana, trousers and suits from Gujarat and Noida, innerwear from Tirupur. Three declarations name no company at all, only a Mumbai address. Origin, read listing by listing, is India on 123 and Bangladesh on one.
One test is worth more than the counts. Five style codes were read on both Tata CLiQ and the brand’s own store the same day, and the declared manufacturer was identical on all five. On those five the declaration follows the garment, not the shop — five styles, not a rule.
Fibre composition is published on every channel, down to “Polyester 64%/Wool 34%/Lycra 2%” on a suit. GSM, the fabric weight in grams per square metre, is published nowhere on this brand. Myntra’s pages show a shopper no manufacturer and no origin; the other three print the block.
The name on the label is not a reliable guide to which listed company answers for the goods.
That cuts both ways. The Information Memorandum says Raymond Lifestyle Limited holds the mark. Tata CLiQ’s seller of record on ten of thirteen products checked is Raymond Lifestyle Limited. The labels name Raymond Ltd, Thane. Three facts, side by side.
What Park Avenue costs in India
The goods are made in India, so import duty is not in the price at all. What is in the price is a discount that never seems to end: of 3,509 listings checked on 6 September 2026, 3,282 — 93.5% — were below MRP.
| Channel | Listings | Median discount to MRP | At full MRP |
|---|---|---|---|
| Myntra | 96 | 59.0% | 0 |
| Tata CLiQ | 12 | 58.0% | 1 |
| Ajio | 155 | 56.0% | 6 |
| myraymond.com, the brand’s own store | 3,246 | 52.0% | 220 |
All four channels read 6 September 2026, against the MRP on the same listing.
The brand’s own store is the dearest of the four, but only by seven points. And the 52% carries a condition: 2,840 of those 3,246 listings were tagged as on sale by the store itself. It is a sale-day figure, not an everyday one.
| Style code | CLiQ MRP | CLiQ charged | Own store MRP | Own store charged |
|---|---|---|---|---|
| PMDP05008-O781F092, suit | ₹22,123 | ₹9,071 | ₹22,123 | ₹9,070 |
| PCSA03705-M881F038, shirt | ₹2,061 | ₹2,061 | ₹2,061 | ₹1,648 |
| PMTF07328-G881F076, trouser | ₹9,481 | ₹4,172 | ₹8,999 | ₹3,959 |
Same style codes on both channels, 6 September 2026.
On four of the six styles matched this way the MRP was identical and the price differed by one rupee, Tata CLiQ higher. On the shirt, Tata CLiQ charged the full ₹2,061 while the brand’s own store charged ₹1,648. On the trouser, the maximum retail price printed on Tata CLiQ was ₹9,481 and the one on the brand’s own store was ₹8,999.
None of this is peculiar to Park Avenue. Every large menswear label checked that day sold below MRP almost everywhere — and Westside, the same day, sold at MRP on every listing checked. The permanent discount is a pricing choice, not a rule of Indian retail.
Who Park Avenue is actually for
The catalogue is wider than its office-shirt reputation. Of 3,246 styles on the brand’s own store, 1,278 are formal shirts and 758 trousers, but the list runs down into trunks, briefs and vests and up into 31 suits and 19 blazers.
On what is charged rather than printed, a formal shirt lands between ₹594 and ₹1,943 and a polo between ₹489 and ₹899; suits at ₹5,309 to ₹16,999 are the top of the range, not the core line. It is a first formal wardrobe on a permanent discount.
Reputation and controversies
Nothing in the advertising council’s file records a finding against Park Avenue clothing. The one entry under the name concerns a deodorant advertisement by a different company, and it was not upheld. That council is a self-regulatory body rather than a statutory regulator, and an empty file says more about the category than the brand: its complaints turn on measurable claims, which apparel advertising rarely makes.
Park Avenue’s own revenue, store count and market share are disclosed nowhere, and Branded Apparel is a segment of several brands that cannot honestly be split into one. Raymond Lifestyle reported total income of ₹7,034 crore for the year to 31 March 2026, up 11%, and Branded Apparel of ₹469 crore in the March quarter. Those come from trade press readings rather than the filed accounts, two of which date the announcement differently, on 6 and on 7 May 2026; a separate report records a consolidated loss of ₹52.06 crore for that quarter.
The register is the other thing worth knowing. It still shows the clothing marks in the names of companies since folded in, while the listing document says Raymond Lifestyle Limited holds them. Registers lag schemes; the filed document describes today.
Common questions
Is Park Avenue clothing still Raymond’s?
Yes, but the precise name matters. It belongs to Raymond Lifestyle Limited, which received the lifestyle business under a scheme sanctioned on 21 June 2024. Raymond Limited, the older listed name, is a separate engineering business.
Is Park Avenue an Indian brand?
Yes. The name is taken from a Manhattan street, but the mark is Indian, the oldest clothing registration dates from 5 September 1986, and no filing names a foreign licensor.
Is the deodorant the same brand?
Same name, different company. Godrej Consumer Products agreed in April 2023 to buy the name for the personal-care category only, and on the register the toiletries and clothing records have never stood in one name.
Who makes Park Avenue clothes?
Mostly outside suppliers. Of 124 declarations read, 113 name a company outside the Raymond group, and 34 manufacturer names appear in all. The declaration names who answers for the goods, not who stitched them.
References
- Raymond Lifestyle Limited, Information Memorandum, 28 August 2024 — trade marks held, CIN, the chain of names, the promoter holding, scheme dates
- Godrej Consumer Products press release, 27 April 2023 — the marks bought, and the FMCG-category wording
- WIPO Global Brand Database, a mirror of the Indian register — class 3 and 25 counts, proprietor names, the 1986 registration, the coverage
- Register data for Raymond Apparel Limited — incorporation in 1948, the previous name, the status
- Park Avenue’s own store and About page — the 1986 launch, 3,246 style codes with MRP and price, product types, the declaration
- Tata CLiQ — declarations, seller of record, like-for-like prices
- Myntra, Park Avenue — 96 listings with MRP, price, manufacturer
- Ajio, Park Avenue — 155 listings, 22 statutory blocks
- Legal Metrology (Packaged Commodities) Rules 2011, G.S.R. 202(E) of 7 March 2011 — what a pre-packed garment declares
- Trade press reading of Raymond Lifestyle’s FY2025-26 results — income, the Branded Apparel segment
Park Avenue is one of the few English-sounding names on an Indian high street that owns itself outright, and the paperwork says so plainly. A ₹594 formal shirt from a listed company that prints its fibre composition is a fair deal.
What deserves scepticism is the printed MRP. A ₹22,123 suit selling at ₹9,070 on the brand’s own site, on a day when 2,840 of 3,246 listings carried a sale tag, is not a suit worth ₹22,123.
A real Indian brand with an honest wardrobe and a fictional price list — buy the shirt, ignore what it is marked down from.
