Active Clothing Co Secures Pan-India Distribution for Four Global Brands
Active Clothing Co Ltd has achieved a significant strategic milestone, announcing a Pan-India distribution mandate for four globally recognized brands. The company has entered into an arrangement with Apparel Group, the authorized licensee for the Indian market, to manage the distribution of these brands across India.The four brands secured under this distribution arrangement are Levi's, Nike, Jordan Kids, and Ben Sherman Men's. These products will be distributed through a Shop-in-Shop format at Multi-Brand Stores nationwide.
This development marks a major evolution for Active Clothing Co Ltd, elevating its platform from a strong regional distribution player in Upper North India to a comprehensive Pan-India distribution and retail operations platform.
The company stated that the Pan-India mandate provides a vast opportunity to leverage its existing market capabilities and established execution platform to expand its presence across consumer markets throughout India.
This new operational scope is projected to create an additional revenue opportunity of approximately ₹100 crore over the next 3 to 4 years, subject to market conditions, store expansion, and execution.
Stock Price Movement
Active Clothing Co Ltd is currently edging higher at ₹119.30, having gained 8.01% in the live market. Shares have exhibited strong volatility today, moving between an intraday low of ₹109.70 and a high of ₹128.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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