UK: Reid & Taylor textile mill put into administration
Luxury fabric maker Reid and Taylor, the Scottish-based unit of Indian textile and apparel major S Kumars Nationwide, has gone into administration. The…
S Kumars Nationwide
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INDIA: S Kumars Nationwide FY profit jumps 42%
Indian textile and apparel major S Kumars Nationwide Ltd has seen its full-year profit jump 42%, helped by its recent…
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INDIA: S Kumars Nationwide sees Q2 profit soar 18%
Indian textile major S Kumars Nationwide Ltd, which earlier this year bought the assets of US men’s tailoring company Hartmarx,…
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US: Hartmarx sale finally goes through
Chicago-based men's suit maker Hartmarx has finally been saved from liquidation after being sold to British private equity firm Emerisque…
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INDIA: S Kumars Q1 profit down despite 33% sales hike
Fabric and clothing producer S Kumars Nationwide (SKNL) recorded a 7% drop in first quarter profit to INR512m (US$10.6m), in…
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INDIA: Higher costs push S Kumars to FY profit drop
Indian fabric and apparel maker S Kumars Nationwide Ltd, one half of an investment group that has successfully bid for…
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INDIA: Arvind ends Hartmarx tie-up
Textile producer Arvind has ended its association with US suit maker Hartmarx following the company’s bankruptcy and subsequent acquisition. In…
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US: Court OKs $119m sale of Hartmarx to Emerisque
A federal bankruptcy judge has given the go-ahead for the sale of bankrupt suit maker Hartmarx Corporation to private equity…
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US: Bankruptcy judge OKs raised bid for Hartmarx
A raised bid from Emerisque Brands and SKNL North America for bankrupt suit maker Hartmarx Corporation was yesterday (2 June)…
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US: Lenders oppose Emerisque’s offer for Hartmarx
Plans for the sale of bankrupt Chicago-based suit maker Hartmarx seem to be stumbling after its chief lender Wells Fargo…