Reid & Taylor, the speciality suitings division of S Kumars, proposes to widen its retail market this year by launching about 150 new retail outlets in the country, said Ashwani Misra, Senior Vice-President, Marketing, Reid & Taylor.
Inaugurating Reid & Taylor's second exclusive outlet, Misra informed the media that company has planned big schemes for expanding its visibility and retail strength across the country.
Company's plans include exclusive franchisee stores in the form of both stand-alone high-street outlets and in stores in malls.
With the sales license for its brand across the Middle-East region, company expects to register a 40 percent revenue growth in '06.
To cash on the global trend of ready-to-wear and stiched clothing in menswear fashion, Reid & Taylor has recently ventured into ready-made shirts, said Misra.
Company has received tremendous success in this venture as it has strengthened the brand's range of offerings in the menswear, he added.