The company has been buffeted by setbacks. Its expansion plans are on hold, promoters have pledged their shares and its market cap has tumbled.
The company has lined up exclusive outlets, international brands and expansion of production capacities for exports.
S.Kumars chief Nitin Kasliwal is charged with non-performance by company shareholders in the recently help AGM of the company.
Bank issues public notice with photograph in Reid & Taylor default case.
After Reid & Taylor, S Kumars Nationwide wants to try its luck in all segments.
Apparel company S Kumars Nationwide and its overseas partner Emerisque Brands have emerged as potential bidders to take over Hartmarx Corp, the city-based maker of President Barack Obama's suits.
The textile firm is close to acquiring Hartmarx Corporation, along with London-based private equity firm Emerisque Brands for a total amount of $119 million.
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