India's Active Clothing jumps on pan-India distribution deal
24/08/2026 07:28
BUZZ-India's Active Clothing jumps on pan-India distribution deal ** Shares of Indian apparel manufacturer Active Clothing ACTI.BO jump as much as 9.33% to 120.75 rupees
** Co signs pan-India distribution of four global brands - Levi’s, Nike, Jordan Kids and Ben Sherman Men’s - through shop-in-shop formats at multi-brand stores across India
** New operations to create additional revenue opportunity of about 1 billion rupees ($10.45 million) over next three to four years
** Co says distribution marks a milestone in growth - from a strong distributional platform in North India to pan-India distribution and retail platform
** Stock up 13.71% YTD
($1 = 95.7050 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))
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