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UK: Reid & Taylor textile mill put into administration

24 April 2013

Luxury fabric maker Reid and Taylor, the Scottish-based unit of Indian textile and apparel major S Kumars Nationwide, has gone into administration.

INDIA: S Kumars Nationwide FY profit jumps 42%

1 June 2010

Indian textile and apparel major S Kumars Nationwide Ltd has seen its full-year profit jump 42%, helped by its recent acquisition of US men's tailoring company Hartmarx.

INDIA: S Kumars Nationwide sees Q2 profit soar 18%

3 November 2009

Indian textile major S Kumars Nationwide Ltd, which earlier this year bought the assets of US men’s tailoring company Hartmarx, has seen its second quarter profit jump 18% helped by strong growth in its domestic business.

US: Hartmarx sale finally goes through

10 August 2009

Chicago-based men's suit maker Hartmarx has finally been saved from liquidation after being sold to British private equity firm Emerisque Brands and its partner SKNL North America.

INDIA: S Kumars Q1 profit down despite 33% sales hike

28 July 2009

Fabric and clothing producer S Kumars Nationwide (SKNL) recorded a 7% drop in first quarter profit to INR512m (US$10.6m), in spite of a 33% sales surge.

INDIA: Higher costs push S Kumars to FY profit drop

3 July 2009

Indian fabric and apparel maker S Kumars Nationwide Ltd, one half of an investment group that has successfully bid for bankrupt US suit maker Hartmarx Corporation, has posted a 5.1% drop in full-year profit as soaring sales failed to offset higher costs.

INDIA: Arvind ends Hartmarx tie-up

2 July 2009

Textile producer Arvind has ended its association with US suit maker Hartmarx following the company’s bankruptcy and subsequent acquisition.

US: Court OKs $119m sale of Hartmarx to Emerisque

26 June 2009

A federal bankruptcy judge has given the go-ahead for the sale of bankrupt suit maker Hartmarx Corporation to private equity firms Emerisque Brands and SKNL North America.

US: Bankruptcy judge OKs raised bid for Hartmarx

3 June 2009

A raised bid from Emerisque Brands and SKNL North America for bankrupt suit maker Hartmarx Corporation was yesterday (2 June) given the go-ahead by a federal bankruptcy judge.

US: Lenders oppose Emerisque's offer for Hartmarx

1 June 2009

Plans for the sale of bankrupt Chicago-based suit maker Hartmarx seem to be stumbling after its chief lender Wells Fargo says it opposes a US$119m deal reached last week with Emerisque Brands and SKNL North America – a unit of Indian apparel maker S Kumars Nationwide Ltd.

US: Hartmarx accepts $119m offer from Emerisque, SKNL

26 May 2009

Bankrupt Chicago-based suit maker Hartmarx Corporation has agreed to sell its assets to Emerisque Brands UK Limited and SKNL North America - a unit of Indian apparel maker S Kumars Nationwide Ltd - in a deal worth US$119m.

UK: Mark One stores sold to retailer Internacionale

26 November 2008

Ailing value fashion retailer Mark One has changed hands again, with 85 of its 125 stores being sold to Internacionale Retail Limited, a rival discount fashion chain.

INDIA: S kumars considering future IPO for Reid & Taylor?

26 June 2008

Textile and apparel maker S Kumars Nationwide is planning to list its Reid & Talyor unit some time in the next few years, local reports say.

INDIA: S Kumars to sell stake in Reid & Taylor unit

24 June 2008

S Kumars Nationwide is selling a stake in its Reid & Taylor subsidiary to GIC Special Investments for INR9bn (US$209m), the textile and apparel maker said today (24 June).

INDIA: S Kumars sets up unit to drive overseas growth

17 June 2008

Textile and apparel firm S Kumars Nationwide Ltd today (17 June) said it has set up an acquisition unit to drive its growth in international markets.

UK: Indian textile group S Kumars buys Internacionale?

28 May 2008

Indian textile company S Kumars Nationwide has been identified as the buyer of fashion chain Internacionale, which was put up for sale after its parent collapsed earlier this year.

INDIA: S Kumars Nationwide doubles FY profit

20 May 2008

Full-year profit at textile and garment maker S Kumars Nationwide Limited has doubled on higher sales and margins.

INDIA: S Kumars to set up Reid & Taylor subsidiary

28 November 2007

S Kumars Nationwide, one of India’s leading textile and apparel companies, is to spin off its Reid & Taylor division into a separate subsidiary.

US: Aéropostale fires chief merchandising officer Christopher Finazzo

9 November 2006

Young people’s apparel chain Aéropostale has sacked its chief merchandising officer Christopher Finazzo after finding he covered up personal ownership interests in entities affiliated with one of its main vendors, South Bay Apparel.

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