Apparel Brands Inc history

S&K was still growing rapidly at the end of the summer of 1988, when it had 65 stores in 15 states, including two recently opened in Ohio.

To finance the expansion company long-term debt had risen to $12.6 million, but a secondary stock offering in August 1989 netted the firm $4.1 million.

S&K had 99 stores in October 1990, when it opened its first superstore, an 8,000-square-foot Richmond outlet that carried 2,500 suits and 1,500 sports coats as well as dress shirts, casual wear, tuxedos, and ties.

In 1991 it opened a Tailors Row mall-format store in a Virginia regional mall and soon opened two more, in Syracuse, New York and Winston-Salem, North Carolina, also in regional malls.

In the fiscal year ended January 25, 1992, net sales reached a record $75.1 million and net income amounted to a record $2.9 million.

Started the basic uniform business for Cintas in 1993 in our domestic factory

But S&K announced in September 1995 that it would close the Chicago-area megastores by the end of the year, citing the high cost of advertising in this populous market.

Operated under this format through August 1996

In fiscal 1997 net income reached a record $4.6 million, and comparable-store sales were up five percent.

(Began shipping product in May 2000 and built this facility to 25K per week)

Began contracting in Nicaragua in October 2004.

In May 2010, fashion giant Zara launched its first Indian store at the Select City Walk mall in New Delhi.

In a unique licensing arrangement with The Salman Khan Foundation, Mandhana Industries entered an 18-year deal with an investment of Rs 150 crore in 2011.