MW Unitexx Ltd. has registered a reasonable growth in revenue and profit for the half year ended September 2011. MW Unitexx is the textile arm of MW Corp. MW Unitexx Ltd. came into being in October 2011 after consolidation of the textile businesses of S.Kumars Ltd., a market leader in uniform fabrics in India, Klopman International, the No.1 player in work-wear and protective-wear fabrics in Europe, and S.Kumars Unitexx Ltd., the ready-to-wear uniform company. MW Unitexx has a total production capacity of 70 million metres per annum, making it the largest uniforms fabric manufacturer in the world.
Commenting on the coming together of the entire gamut of its textile businesses under the newly formed MW Unitexx, the Chairman of MW Corp, Mr. Mukul Kasliwal, said: “All the companies in MW Unitexx have performed exceedingly well, wherein both S.Kumars Unitexx and Klopman have witnessed a turnaround in the last financial year. I am happy about this achievement and look forward to continued excellence in the coming years.”
Klopman achieved an annual revenue of over INR 700 crores with a EBIT of INR 29.54 crores in FY 2010-11. This has been a remarkable turnaround from the previous year where it had incurred losses.
MW Unitexx was formed out of consolidation of the three textile entities, S.Kumars Ltd., S.Kumars Unitexx and Klopman International. MW Unitexx represents the consolidated textile business of MW Corp.
S.Kumars, a household name in India, is synonymous with the term ‘Value for Money’ and is a market leader in uniforms. A front-runner in the manufacturing and marketing of various textile products ranging from yarns, fabrics to garments, S.Kumars has a country-wide distribution network of around 200 dealers and an extensive network of retail outlets reaching every corner of the country. It is focused on providing “uniform solutions” to schools and institutions alike. S.Kumars covers a wide gamut of industries with products ranging from Uniforms and Workday wear to Corporate-wear.
Capitalising on its inherent strength of being a market leader in uniforms in India, MW Corp acquired Klopman International in 2008. Klopman is Europe’s No.1 Work-Wear and Protective- Wear brand with over 30 per cent market share in Europe. Klopman fabrics are to be found in virtually all areas of the working world, in fact over 40 million working Europeans wear garments made from Klopman fabrics.
Klopman has state-of-the-art, modern manufacturing and distribution facilities in Italy. It has developed an innovative range of advanced protective-wear fabrics and finishes. It is the largest European manufacturer (50 million metres capacity) of work-wear fabrics (poly-cotton, polyester and cotton) and protective-wear fabrics (e.g., fire retardant, chemical protective, high visibility, anti-bacterial, antistatic, water repellent, etc.). Klopman has a formidable list of clientele which includes Ferrari, Mercedes Benz, Ford, Toyota, Shell, BP, Coca Cola, Honda, etc.
The company has plans for expansion in other international markets, including India, the Middle East, South Africa, Australia and New Zealand.
S.Kumars Unitexx is the Ready-To-Wear Uniforms Division of MW Unitexx that was created to cater to the needs of companies and institutions who, apart from superior quality, are looking to create a unique corporate identity and enhance their brand image. S.Kumars Unitexx has a wide range of fabrics and products to suit the entire gamut of industries and sectors, i.e., uniform fabrics, workday-wear fabrics and corporate-wear fabrics.
S.Kumars Unitexx serves as a one-stop-shop for all uniform needs through its ready-to-wear school uniforms brand ‘Medallion’ and institutional uniforms brand, ‘WorkStarr’. It caters to various sectors, including schools, automotive, airlines, infrastructure, manufacturing, hospitality, pharmaceuticals, healthcare, FMCG, retail, etc. Some of its leading clients include Tata Motors, Tata Teleservices, Croma, Bisleri, Volkswagen, HPCL, Mahindra & Mahindra, etc.