Belmonte news and archive

SKNL’s Belmonte Division changes hands

SKNL, the textile and branded apparel giant will soon sell its mid premium segment brand Belmonte to its own wholly owned subsidiary company Belmonte Retails. The members of the board at SKNL have passed the resolution for making any loan, investment, guarantee or provide any securities beyond the prescribed limits in subsidiary companies. The...

Apparel

Belmonte's new everyday look

Belmonte, one of India’s leading men’s fashion brands owned by S Kumars Nationwide Ltd (SKNL), has launched its Eight Days a Week Collection in Bhubaneswar. This collection is an innovative fusion of fashion, creating a fashionable new look for each day of the week. Adding to these, there are two exciting looks for Saturday. Belmonte, the...

Apparel

Belmonte opens 2nd Bangalore store

Belmonte, the fast growing, youth menswear brand has launched its second exclusive ready-to-wear showroom in Bangalore. The new store showcases a range of garments and accessories. Belmonte’s formal range includes suits, blazers, trousers and formal shirts for corporate wear. Where as its casual range includes a wide collection of jackets, smart...

Apparel

S Kumars to list Reid & Taylor

Textiles maker S Kumars Nationwide is looking to raise between $100 million to $150 million by listing its subsidiary, Reid & Taylor, in the next six months. The company is also talking to private equity firms to spin off its brand Belmonte. S Kumars currently holds about 75 per cent in Reid & Taylor, with Singapore’s GIC owning the rest. In...

Apparel

Executive movements in India's apparel industry

The year 2010 has heralded in several top level executive movements in the Indian apparel industry. Nitin Chhabra, till recently Senior Vice President at Reliance Brands, has quit the company to join Reid & Taylor as Business Head. Chhabra, had joined Arvind Brands in 2000 and in 2007, he quit as the Vice President Sales to join Darshan Mehta at...