Thomas Scott India Ltd - THOMAS SCOTT Share Price

Summary

Thomas Scott (India) Limited was incorporated on October 22, 2010 as a Wholly owned Subsidiary of Bang Overseas Ltd., a Public Limited Company. The Certificate for Commencement of Business was issued by the ROC, Mumbai on November 13, 2010.The company was established with a view to receive the business of Retail Division of Bang Overseas Limited under the Brand name of THOMAS SCOTT. The brand THOMAS SCOTT has in a span of nine years established itself and has earned an image for quality and style. As per the scheme of arrangement between Bang Overseas Ltd and Thomas Scott (India) Limited, the retail Division of Bang Overseas Ltd was transferred to the company.At present, the Company has 31 Retail Outlets across the Country and also selling mens formal and casual garments though Large Format Stores. It has to strive hard to reach up to and maintain the day by day growing Customers level of satisfaction and Demand.The company has centralized warehousing and logistics centre to facilitate its supply chain management of its business. The company proposes to expand its reach to the final consumer by increasing the network of its existing Retail outlets including franchisees spread all over India. It proposes to expand into other categories like woman wear in casual and formal categories. It also proposes to offer more lifestyle products under its own brands along with accessories namely sunglasses, belts, time wear, fashion jewellery and fragrances through these... Read More