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{{cite check|date=June 2012}}
{{Use dmy dates|date=September 2018}}
{{Use Indian English|date=September 2018}}
{{Infobox company
| name = S. Kumars Nationwide Limited
| logo = SKNL logo.svg
| logo_size = 200px
|traded_as={{BSE|514304}}<br/>{{NSE|SKUMARSYNF}}
| type = [[Textile conglomerate (company)|Textile conglomerate]]
| genre =
| fate =
| predecessor =
| successor =
| foundation = 1990 as S.Kumars Synfabs Ltd.<br />6 October 2000 - name changed to S. Kumars Nationwide Ltd. (SKNL)
| founders = Late Seth Shri Shankarlalji Surajmalji Kasliwal<BR/>Late Sethani Smt. Chandrawatiji Shankarlalji Kasliwal
| location_city = [[Mumbai]]
| location_country = [[India]]
| location =
| locations =
| area_served =
| key_people = Nitin Kasliwal (Chairman & MD)
| industry = Manufacturing and Trading of [[textiles]] & apparels
| products =
| production =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = [http://www.sknl.co.in/ sknl.co.in]
| footnotes =
| intl =
}}
'''S. Kumars Nationwide Limited''' or '''SKNL''' ({{BSE|514304}}, {{NSE|SKUMARSYNF}}) is a textile and apparel company with expertise in multi-fibre manufacturing presently under liquidation. The company has extended its presence in multiple product categories from fabrics to apparels and home textiles.

== History ==
S. Kumars Group was founded by Late Seth Shri Shankarlalji Surajmalji Kasliwal & Late Sethani Smt. Chandrawatiji Shankarlalji Kasliwal in the year 1943. The brand & logo S.KUMARS originally stands for 'S' for Shankarlal and 'Kumars' for his 6 sons viz. Alok Kumar, Vivek Kumar, Ashok Kumar, Sumati Kumar, Shambhu Kumar & Abhaya Kumar.

The Group started with textile trading, distribution and subsequently commencing textile manufacturing activities.

In 1968 S. Kumars Enterprises (Synfabs) Pvt Ltd. was incorporated by Kasliwal.

Later the S. Kumars Group floated a deemed public company on 28 February 1991 and a public company on 7 July 1992.<ref name="MoneyControl_history">{{cite web | url = http://www.moneycontrol.com/stocks/company_info/company_history.php?sc_did=SKN | title = Company History - S Kumars Nationwide | accessdate = 1 September 2017 }}</ref>

The name of the Public Company was S. Kumars SYNFABS LTD and later the name was changed to S. Kumars Nationwide Limited (SKNL) in October 2000.

== Brands and subsidiaries ==

=== Textiles and apparel ===

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.<ref>{{cite web | url = http://www.moneycontrol.com/india/news/press-release/sknl-launches-new-home-textile-brand-"carmichael-house"/16/16/232655 | title = SKNL launches new home textile brand "Carmichael House" | date = 2006-08-06 | accessdate = 2009-06-27}}</ref>

In 2006, SKNL launched "[[Belmonte (brand)|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 (retailer)|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.<ref>{{cite web | url = http://www.wwd.com/menswear-news/sportswear/dkny-and-sknl-sign-men-s-wear-deal-3058606 | title = DKNY and SKNL Sign Men's Wear Deal | date = 2010-05-04 | accessdate = 2014-11-17}}</ref> The agreement was terminated in 2012.<ref>{{cite web | url = http://www.drapersonline.com/news/young-fashion/exclusive-sports-direct-in-running-to-win-dkny-licence/5041683.article#.VD0wh_ldWWM | title = Sports Direct in running to win DKNY licence | date = 2012-10-13 | accessdate = 2014-11-17}}</ref>

In 2009, SKNL has acquired assets of [[Hartmarx Corporation]], a well-known suits manufacturing 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

== 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 ₹900 crores.<ref>{{cite web|url=http://www.india-server.com/news/gic-to-buy-out-25-4-stake-in-reid-taylor-2090.html|title=Stake In Reid & Taylor|last=|first=|date=|website=|archive-url=|archive-date=|accessdate=2009-06-27}}</ref>

; Luxury Textiles
*Reid & Taylor (Luxury Suitings)

; Ready to Wear
*Reid & Taylor ( Premium)

== References ==
{{reflist}}

== External links ==
* {{Official website|http://www.sknl.co.in/}}
* [https://www.google.com/finance?client=ob&q=BOM:514304 Overview at Google Finance]

{{DEFAULTSORT:Kumars, S.}}
[[Category:Companies based in Mumbai]]
[[Category:Manufacturing companies established in 1948]]
[[Category:Clothing brands of India]]
[[Category:Textile industry in Maharashtra]]
[[Category:Indian companies established in 1948]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

S. Kumars - Revision history

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