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S Kumars Nationwide Ltd

Reid & Taylor files draft Red Herring prospectus with SEBI

Textile and apparel manufacturing company S Kumars Nationwide Ltd (SKNL), said its menswear subsidiary Reid & Taylor (India) Ltd, had filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India (SEBI) in relation to its...

SKNL to reposition apparel brands

Apparel and textile firm S Kumars Nationwide Ltd (SKNL) is undertaking a repositioning exercise for its apparel brands, including Reid & Taylor and Belmonte. As part of the exercise, the firm has invited pitches from up to five advertising...

Family to sell minority stake in SKNL

Nitin Kasliwal and his family, owners of apparel and fabric maker S Kumars Nationwide Ltd (SKNL), will sell a minority stake between 10% and 12% in their family holding company Anjaneya Holdings Ltd, along with a part of their...

Reid & Taylor to cut exports, seek domestic fit

With the global recession impacting the prices of fabrics in the international market, Reid & Taylor, a subsidiary of S Kumars Nationwide Ltd, plans to scale down its exports and focus more on the domestic market. “This is a...

Belmonte exclusive in Mangalore

Belmonte, the mid-premium menswear brand from S Kumars Nationwide Ltd (SKNL) has launched an exclusive showroom in Mangalore. According to a company release, the showroom is spread over an area of around 600 square feet and will retail fabrics, apparel...

Brandhouse to introduce Italian home decor brands

Brandhouse Retails Ltd, the demerged retail arm of S Kumars Nationwide Ltd (SKNL) will introduce two Italian home textile brands to India in June this year. Confirming the news, Nitin S Kasliwal, vice-chairman and managing director, Brandhouse Retails, said: “We...

SKNL to split off Brandhouse Retails

On May 2, 2008, Brandhouse Retails Limited (BHRL), presently a retailing arm of S Kumars Nationwide Ltd (SKNL), will be diverged to make a separate company. The shareholders of SKNL will be entitled to shares in BHRL. The shares allotted...

SKNL to develop luxury high streets

With the expanding bouquet of luxury brands, Brandhouse Retail, the retailing arm of S Kumars Nationwide Ltd (SKNL), is planning to develop luxury high streets in Delhi and Mumbai. Also, to strengthen its mass retailing business, the company will...

Reid & Taylor becomes S Kumars subsidiary

The Reid & Taylor division of S Kumars Nationwide Ltd has become a subsidiary of the latter, enabling a fresh repositioning for the brand. The move repositions Reid & Taylor as a high profit-margin, luxury brand for men, and is...
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