Description: Rayynor Silva | Raynor Silva | Rayynor Silva Holdings | Raynor Silva Holdings
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Singapore, 3 July 2013 RAOUL , Singapore’s leading international fashion label, has inked a franchise agreement in Sri Lanka, the second this year after a similar deal in China in May this year.
The franchisee, Sri Lankan-based White Lotus Fashions (Private) Ltd, will open the first standalone RAOUL store in Colombo in December 2013 to be housed in a refurbished colonial project in the heart of the city.
White Lotus Fashions is owned by Sri Lankan entrepreneur Rayynor Silva who is the Chairman of Asia Broadcasting Corporation Private Limited, which operates the country’s leading radio stations Gold FM, Sun FM, Hiru FM, Sooriyan FM and Shaa Fm, and operates the country’s first ever Digital Ready/HD Ready television channel Hiru TV. He also has interests in hotels through his holdings in listed Citrus Leisure PLC and property through Skyline Pacific Real Estate (Private) Limited.