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Apparel

SKNL's American subsidiary files for bankruptcy

S Kumars Nationwide’s (SKNL) US subsidiary HMX Acquisition Corp, which owns brands like Hart Shaffner Marx has filed for a voluntary petition for bankruptcy (under Chapter 11) on October 19, 2012. Interestingly, brands Hart Shaffner Marx have a hi-profile clientele as both President Barack Obama and Republican Presidential candidate Mitt Romney...

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