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Crew B.O.S. Products to disinvest its wholly owned subsidiaries

06 Jun 2011 Evaluate

Crew B.O.S. Products has received an approval for the disinvestment / sale of its shares in its wholly owned subsidiaries, Villa 8.0.5 Products and Crew 8.0.5 Far East, Hong Kong. The company has received an approval for disinvestment at its board meeting held on May 28, 2011.

Recently in March, Crew B.O.S. Products had incorporated a new wholly owned subsidiary of the company, under the name Crew P.P.O Leathers having registered office at Janak Puri in New Delhi. The company had already incorporated a wholly owned subsidiary to market its new product under its watch straps division.

Crew B.O.S Products business model is based on manufacture and export of fashion accessories and home decoration products made from fabrics, leather, metal, wood etc. The company is involved in selling fashion accessories products innovated through unique ideas. The company’s product profile ranges from belts, bags, portfolios, business cases, footwear, wallets, boxes, furniture to home furnishings.

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