“Reid & Taylor,” the iconic textile brand, celebrates 25 years of India operations
The team behind the success of Reid & Taylor India, November 18, 2022: “Reid & Taylor,” one of the reputed premium suiting and shirting brand, is celebrating 25 years in India. Reid & Taylor has built a strong brand presence in India with its premium experience and high-value endorsements by ace celebrities like Amitabh Bachchan and […]
The team behind the success of Reid & Taylor
India, November 18, 2022: “Reid & Taylor,” one of the reputed premium suiting and shirting brand, is celebrating 25 years in India. Reid & Taylor has built a strong brand presence in India with its premium experience and high-value endorsements by ace celebrities like Amitabh Bachchan and Pierce Brosnan. In 2008 GIC, Singapore invested 900 Crores to acquire a 25% stake in the company.
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 the process of restructuring, and eventually, it was taken over by Finquest Group, promoted by the late Bharat Patel, in 2020. Within a short period, Reid & Taylor has bounced back and is rapidly growing with strong backing from Finquest Group, which is spearheaded by dynamic leader Hardik Patel.
