S Kumar’s Reid & Taylor to set up 150 outlets
Posted on February 13, 2006
Filed Under Uncategorized
S Kumar’s speciality suitings division, Reid & Taylor, has aggressive plan to widen its retail presence by adding 150 new retail outlets across the country. Reid & Taylor is currently retailed from 21 stores.
S Kumar’s is currently on the look-out for prime acquisition targets to implement its expansion plans. The new outlets will mostly be exclusive franchisee stores, both stand-alone high-street outlets and in stores in the burgeoning malls in various cities across India.
Last year, the brand registered a 40% growth in revenues to contribute some Rs 250 crore in sales across the country.
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