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Tuesday, Nov 24, 2009
 
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S Kumars' profit grows 18% to Rs 69 crore02-NOV-09
Textile major S Kumars Nationwide (SKNL) has recored an 18 per cent jump in consolidated profit after tax (PAT) to Rs 69.25 crore for the second quarter of the current fiscal.
Spinning a yarn27-OCT-09
After Reid & Taylor, S Kumars Nationwide wants to try its luck in all segments.
S Kumars.Com board to consider rights issue28-AUG-09
S Kumars.Com today said its board will make a rights offering to its existing shareholders for which it will seek board approval.
S Kumars-owned US suit maker cuts 500 jobs15-AUG-09
Days after suit maker Hartmarx was sold to Emerisque and its Indian partner, S Kumars Nationwide Ltd, three US plants of the clothier have been shut resulting in the loss of over 500 jobs.
S Kumars Nationwide shareholders okays QIP issue13-AUG-09
Textile company S Kumars Nationwide today said its shareholders have approved the raising of additional funds through private placement of shares to institutional investors.
KIT: School uniform retail in India04-AUG-09
The Rs 172,000-crore private education market in India is estimated to be growing at 11 per cent a year — this segment represents 51 per cent of this market. Thus, the market for school uniforms is huge and growing at a fast pace. At present, uniforms are almost 40 per cent of the Rs 32,000-crore kidswear market, with growth of 15 per cent over last year.
S Kumars Nationwide FY'09 net at Rs 60 cr20-JUL-09
Textile company S Kumars Nationwide today said its net profit stood at Rs 60.09 crore for the year ended March 31, 2009, while it had a net profit of Rs 178.13 crore in the same period previous fiscal.
Sale of Hartmarx to Emerisque, SKNL delayed18-JUL-09
Suit maker Hartmarx Corp's sale to London-based Emerisque and Indian apparel company S Kumars Nationwide Ltd has been postponed for a few days as the buyers have not been able to finalise the financial details.
SKNL to raise Rs 1,000 crore03-JUL-09
Textile major S Kumars Nationwide Ltd (SKNL) plans to raise Rs 1,000 crore through issue of shares on qualified institutional placement (QIP) basis to fund its expansion plans.
S Kumars to raise Rs 1,000 cr to fund expansion plans02-JUL-09
Textile major S Kumars Nationwide (SKNL) plans to raise Rs 1,000 crore through issue of shares on qualified institutional placement (QIP) basis to fund its expansion plans.
Three top execs of Hartmarx to quit on S Kumars takeover30-JUN-09
Top three executives of Hartmarx will leave the company, as city-based suit maker, which has been acquired by Indian textile firm S Kumars Nationwide Ltd and British firm Emerisque, readies to be run by new owners.
S Kumars to acquire US-based Hartmarx for $119 mn29-JUN-09
Textile firm S Kumars is set to acquire Hartmarx, the American clothing company and the suit makers of President Barack Obama, for $119 million.
Emerisque, S Kumars get approval to buy Hartmarx26-JUN-09
Emerisque Brands and its Indian partner S Kumars Nationwide Ltd, an apparel company, today got a US court's approval to acquire bankrupt suit maker Hartmarx Corporation in a deal valued at about $128 million.
Five new firms show interest in taking over Hartmarx24-JUN-09
Five new companies have emerged as potential bidders to take over Hartmarx Corp -- the maker of President Barack Obama's suits -- for which Emerisque Brands and its Indian partner S Kumars Nationwide had been named as the leading bidder.
US court clears S Kumars' bid for Obama's tailor04-JUN-09
A US bankruptcy court on Wednesday approved a raised bid from Emerisque Brands and its partner Indian apparel maker S Kumars Nationwide Ltd (SKNL) to acquire Hartmarx Corp, making way for the sale of the Chicago-based maker of President Barack Obama’s suits.
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