Announced Mon, 28 Sept, 2026 · 16:07 IST
Thomas Scott bags exclusive Forever 21 license for India, Nepal, Bangladesh
THOMASCOTT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+13.6%1-day move
₹238.00
prior close
₹255.00
base price
After-mkt
timing
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-2.1-3.4-2.5-2.2+13.6+26.9+16.4+17.6+17.1—————
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AI summary
Thomas Scott India has signed a 5-year exclusive licensing deal with Authentic Brands Group's F21 IPCO LLC for the Forever 21 brand across India, Nepal and Bangladesh. The company also becomes a Global Designated Supplier, letting it manufacture Forever 21 products for the brand's global partner network. Consideration is royalty-based on net sales, plus wholesale margins on supply. FY26 consolidated revenue was about 254.9 crore rupees, up 58.3 percent year-on-year.
Likely market impact
Major positive - exclusive rights to a global fashion brand and an additional B2B supply stream could sharply accelerate revenue growth.