Raymond Limited is an Indian apparel and accessories company with 550 stores across 200 cities in India and overseas. It has a strong R&D department that innovates products like dress shirts and jeanswear. Raymond has customer and employee loyalty due to its high quality products and decentralization. However, its global penetration is limited compared to other brands and customers have low switching costs since many alternatives exist. Opportunities for Raymond include offering corporate deals and global expansion, but it faces threats from increasing competition and needs to follow strict labor and environmental laws.