Brands
Raymond names Nameet Srivastava brand head of chairman’s collection
Ethnix founder takes charge of Raymond’s most exclusive portfolio
MUMBAI: Raymond Lifestyle Limited has appointed Nameet Srivastava as brand head – Chairman’s collection, entrusting him with the stewardship of the group’s most elite and ultra-premium portfolio.
Based in Mumbai, Srivastava will oversee strategic direction, design excellence and market positioning for the Chairman’s collection, which sits at the pinnacle of Raymond’s menswear offering.
The elevation follows a 16-year tenure within the Raymond group. Most recently, Srivastava served as category head at Ethnix by Raymond Apparel Limited, a brand he founded and scaled to three-fold growth.
With more than two decades of experience in Indian menswear and ethnic design, Srivastava has played a central role in shaping several of Raymond’s marquee initiatives. He was the creative force behind Ethnix by Raymond and a key contributor to Khadi – The story re-spun.
Earlier in his career at Raymond Limited, he helped set up integrated manufacturing facilities and launched the Park Avenue Women’s line. He also worked closely with James Ferreira and led design at Roopam and Roop Milan, where he drove international expansion across five countries.
A recipient of multiple Images Excellence Awards, Srivastava now takes charge of Raymond’s highest-end design mandate, blending technical expertise in supply-chain management with a long record of brand-building.
Brands
Havas reports solid Q1 2026 with 2.5 per cent organic net revenue growth
Advertising group maintains positive momentum and confirms full-year guidance.
MUMBAI: Havas has started 2026 on a strong note proving that even in uncertain times, its converged model continues to deliver. The global advertising and communications group reported net revenue of €638 million for the first quarter of 2026, representing organic growth of +2.5 per cent compared to the same period last year. This performance was driven particularly by a robust +7.4 per cent organic growth in the United States.
Total revenue for the quarter reached €667 million, with organic growth of +2.8 per cent. Recent acquisitions contributed a positive scope impact of +1.7 per cent, while foreign exchange movements had a negative impact of -5.8 per cent, mainly due to the US dollar and British pound.
Europe, which accounts for 50 per cent of net revenue, delivered +1.1 per cent organic growth, supported by a good performance in France. North America (36 per cent of net revenue) led the way with +7.4 per cent growth, thanks to strong contributions from both Havas Creative and Havas Media. APAC & Africa (8 per cent) saw a decline of -6.2 per cent, while Latin America (6 per cent) remained nearly stable at -0.6 per cent.
Havas chairman and CEO Yannick Bolloré said, “Havas has started 2026 on a solid footing, continuing its momentum and delivering organic growth in net revenue of +2.5 per cent. This performance, in line with our full-year 2026 guidance, was driven in particular by continued strength in the US.”
The group also continued its bolt-on acquisition strategy, acquiring majority stakes in four agencies during the quarter: Acento Public Affairs (Spain), Ctrl Digital (Sweden), Styleheads (Germany), and Eyesight (France).
Havas maintained its strong creative reputation, ranking as a top holding company in the WARC Creative 100 for the sixth consecutive year, with three agencies BETC, Havas Paris, and Havas India placing in the Top 50.
Looking ahead, Havas confirmed its 2026 guidance: organic net revenue growth between +2.0 per cent and +3.0 per cent, adjusted EBIT margin between 13.2 per cent and 13.5 per cent, and a dividend payout ratio of around 40 per cent. The group also reiterated its medium-term targets for 2028.
Despite ongoing macroeconomic and geopolitical uncertainty, Havas enters the rest of the year with solid fundamentals and confidence in its ability to deliver sustainable, profitable growth.
In a challenging environment, Havas is proving that its integrated, client-centric model remains resilient delivering steady growth while continuing to invest in creativity and innovation. The first quarter results suggest the group is well-positioned to navigate the year ahead with confidence.
