COMPANY PROFILE

ABOUT REID AND TAYLOR

The S. Kumars Group is an Indian conglomerate with interests in textiles, apparels, energy, e-

commerce, ITES, leisure and retailing sectors. The flagship company of the group, S. Kumars
Nationwide Limited or SKNL (BSE: 700010, NSE: SKUMARSYNF), manufactures and
markets the famous Reid & Taylor brand in India. SKNL was formerly known as S. Kumars
Synfabs Ltd.

History

he S. Kumars Group was established in 1948 by Abhayakumar Kasliwal and

Shambhukumar Kasliwal, who built a textile distribution network, and followed it with
textile manufacturing.

On 28 September 1990, S Kumars was incorporated as a private limited company, and

became a deemed Public Company with effect from 28 February 1991. It became a
Public Company on 7 July 1992.

The company then transformed to SKNL (S. kumars Nationwide Limited). SKNL is one
of India’s leading textile and apparel company with expertise in multi-fiber
manufacturing. The company has extended its presence in multiple product categories
from Fabrics to Apparels and Home Textiles.

Brands and subsidiaries

Textiles and apparel

S. Kumars has set up a texturising and twisting plant at Pithampur in Madhya Pradesh. In
1997, S. Kumars acquired a spinning-cum-weaving unit near Dewas (Madhya Pradesh),
from Standard Industries Limited.
In 1998, S. Kumars entered into a collaboration with Reid & Taylor of Scotland for
manufacturing and marketing the Reid & Taylor worsted suiting in India. In 2006, SKNL
launched "Carmichael House", a complete range of home linen products and accessories.

In 2006, SKNL launched "Belmonte", a youth menswear brand that had both fabric and
ready-to-wear garments under one label. It cliams to be India's only youth brand to offer
"Total Wardrobe Solutions" - Fabric, Apparel and accessories.

In 2007, the prestige clothing brand Stephens Brothers was licensed to SKNL in India. It
was launched in December 2007, to introduce the English cut & style to Indian consumer.
The brand is now owned by the UK Group Austin Reed.

Other sectors

In 1988, S. Kumars established a two-wheeler tyres and tubes manufacturing facility at

Pithampur in Madhya Pradesh. It also entered into an alliance with Apollo Tyres, for
marketing and growth.

The Maheshwar Hydro Electric Project, located at Mandleshwar in Madhya Pradesh was

awarded to S. Kumars Group in 2001, on "build, own and operate" basis. However this
project is still to be completed. The project became controversial due to non-payment on
various occasions by S. Kumars.

Landmarc Leisure Corporation Limited was established as S. Kumars' leisure and

entertainment business arm. It was originally found to set up a chain of family
entertainment centers across India, the first two being launched in Worli (Mumbai)
and Indore. In 2001, S. Kumars launched S-MAART, a department store in Landmarc
Citi, Worli. In 2002, Landmarc Leisure Corporation decided to develop its leisure brand
under two entities: Landmarc (family entertainment centers) and Mikanos (nightclubs).

S. Kumars Online Ltd. (SKOL) was set up as the e-commerce arm of the S. Kumars
Group, while Induj Infotech Ltd. was set up as its ITESarm.

In 2009, Company has acquired assets of Hartmarx Corporation, a well-known company

in American and European markets.
Organization

SKNL businesses are divided into product-specific Strategic Business Units (SBUs):
Consumer Textiles, Home Textiles, Worsted Suitings, Ready to Wear and High Value
Fine Cotton (HVFC). Each of these SBUs is headed by an Executive Director, Chief
Executive Officer or a Chief Operating Officer. The corporate activities related to
finance, planning, research, publicity, marketing, human resources etc. are centralized.

Consumer Textiles

 Belmonte (Fabrics)
 Uniformity by Belmonte (Uniform fabric)
 S.Kumars (Work wear fabric)
Home Textiles

 Carmichael House (Premium)

 Benetton ( Super Premium)
Ready to Wear (TWS)

 Belmonte (Mid-Premium)
Baruche Superfine Cottons

 To be launched
Reid & Taylor (India) Limited

S. Kumars acquired rights for manufacturing and marketing the Reid & Taylor worsted suiting in
India in 1998. Reid & Taylor was originally started by a Scottish man named Alexander Reid in
the 1830s. The concern, financed by Joseph Taylor, went on to become a notable worsted suiting
brand. S. Kumars set up a luxury suiting plant at Mysore in 1998 for Reid & Taylor (India) Ltd.
The brand has been endorsed by India's notable film actor, Amitabh Bachchan. In 2008, 24.5%
stake in Reid & Taylor was acquired by an affiliate of GIC Special Investments for Rs 900 crore.
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Luxury Textiles

 Reid & Taylor (Luxury Suitings)

Ready to Wear

 Reid & Taylor ( Premium)

 Stephens Brothers ( Super Premium)