- Belmonte – mid-price fabrics and ready-to-wear garments
- Stephens Brothers – luxury ready-to-wear suiting
- Carmichael House – premium home textiles
- S Kumars – budget fabrics
- Good manufacturing capabilities characterized by 5 state-of-the-art manufacturing units producing fabrics that meet international standards
- Penetrative distribution network in domestic as well as international markets
- Five channel distribution strategy comprising of a comprehensive wholesale network, multi brand outlets, institutional sales team, export sales and a number of exclusive brand outlets (EBOs)
- Over 400 dealers and 30,000 retail outlets spread across India
- Largest supplier in the organized textile sector
Key Developments:
- GIC SI, the private equity arm of Government of Singapore Investment Corporation invests Rs 9,000 million in Reid and Taylor (India) Limited (RTIL) and acquires up to 25.4% stake in RTIL
- RTIL valued at Rs 35,400 million demonstrating the strength of the Reid & Taylor brand
- Proceeds to be utilized by SKNL and RTIL for capital expenditure and loan repayment
- Brandhouse Retail Limited (BHRL), a fully owned subsidiary of SKNL has been hived off and will be listed shortly
-The record date of the hive off was May 2, 2008
- BHRL set to aggressively expand operations, hence more focused attention needed for the entity
- Pure retail format model which will carry SKNL brands and other licensed foreign luxury and lifestyle brands.
S. Kumars Nationwide Limited
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