21 November 2022, Mumbai:
Reid & Taylor has completed 25 years in India.
This premium suiting and shirting brand have built a strong presence in India with its premium experience and high-value endorsements by ace celebrities.
With its rapid growth in the initial years and increasing demands from consumers, the company faced a lot of challenges in the last decade with faulty supply chain management and inefficient management of distribution channels, which halted the growth of the brand.
It went through a process of restructuring, and eventually, it was taken over by the Finquest Group in 2020. Within a short period, Reid & Taylor has bounced back and is rapidly growing. With its suiting factory running successfully in Mysore, Reid & Taylor has expanded its product basket by acquiring a premium 100 per cent cotton shirting unit at Bharuch with an investment of more than Rs300 crores.
This premium shirting unit is a one-of-a-kind manufacturing unit with an annual capacity of more than 18 million meters and is spread over 35 acres of land. Reid & Taylor today employs more than 1800 people and the company has grown rapidly with two manufacturing units and strong distribution channels across the country to meet growing consumer demands.
