S Kumars Nationwide news and archive

S Kumars to file a plea against shareholders' EGM

Last week a clutch of shareholders led by Mumbai-based stockholder Bharat Patel had called for an extraordinary general meeting (EGM) seeking removal of S Kumars’ Chairman and MD Nitin Kasliwal over mismanagement of the company. In response, S Kumars Nationwide Limited (SKNL), owner of the S Kumars has decided to move court seeking stay on the...

People

Stakeholders demand removal of S Kumars CMD Nitin Kasliwal

A group of stakeholders at S Kumars Nationwide, the owner of S Kumar’s brand has demanded removal of its chairman and CMD Nitin Kasliwal accusing him of mismanagement. A few shareholders led by Mumbai-based stockbroker Bharat Jayantilal Patel have issued a notice seeking extraordinary general meeting on April 27 to remove Kasliwal from his...

Apparel

Retailers hiring label designers

Leading apparel retailers are hiring designers to beef up their private label lines. The economic rebound has made retailers confident that design rather than price alone as a differentiator will help draw in their target customers and help them boost margins. Retailers pay trainee designers a salary of Rs 20,000 to Rs 30,000 a month. Mid-level...