S. Kumars
 |
|
| Textile conglomerate | |
| Traded as | : : SKUMARSYNF |
| Industry | Manufacturing and Trading of textiles & apparels |
| Founded | 1990 as S.Kumars Synfabs Ltd. 6 October 2000 - name changed to S. Kumars Nationwide Ltd. (SKNL) |
| Headquarters | Mumbai, India |
|
Key people
|
Nitin Kasliwal (Chairman & MD) |
| Website | sknl.co.in |
S. Kumars Nationwide Limited or SKNL (: , : SKUMARSYNF) is a textile and apparel company with expertise in multi-fibre manufacturing. The company has extended its presence in multiple product categories from fabrics to apparels and home textiles.
The S. Kumars Group was established in 1943 by Late Seth Shri Shankarlaji Surajmalji Kasliwal and Late Sethani Smt. Chandrawati Shankarlalji Kasliwal at Indore in the year 1943. S.Kumars logo & brand originally stands for S FOR SHANKARLAL (FOUNDER) AND KUMARS FOR HIS SIX SONS VIZ. ALOKKUMAR, VIVEKKUMAR, ASHOKKUMAR, SUMATIKUMAR AND TWO OTHERS. On 28 September 1990, S Kumars was incorporated as a private limited company. It became a deemed public company on 28 February 1991; and a public company on 7 July 1992. The name was changed to S.Kumars Nationwide Limited (SKNL) in October 2000.
SKNL has set up a texturising and twisting plant at Dewas in Madhya Pradesh. In 1997, SKNL acquired a spinning-cum-weaving unit near Dewas (Madhya Pradesh), from Standard Industries Limited.
In 1998, SKNL 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.
In 2007, the 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.
In 2008 SKNL acquired assets of Legguino s.p.a. Italy, manufacturer and seller of high value fine cotton shirting supplying to the topmost fashion houses of Europe and U.S.A. This provides front-end back-end synergy for SKNL’s Baruche Superfine Cottons plant.
Subsequently SKNL entered into a joint venture and licensing agreement with Donna Karan International to manufacture / sell DKNY menswear. The agreement was terminated in 2012.
In 2009, SKNL has acquired assets of Hartmarx Corporation, a well-known suits manufacturing company in American and European markets.
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.
...
Wikipedia