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Active Clothing appoints Shivanee Shankar Dutt CEO of New Business Initiatives as it adds Levi's, Nike rights

Active Clothing's revenue rose to Rs 316.44 crore in FY26, and pan-India shop-in-shop rights from Apparel Group could add roughly Rs 100 crore. Shivanee Shankar Dutt's new role is aimed at opening growth avenues beyond current operations.

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Who and when

Figures from IMAGES Business of Fashion,

FY25 revenue from operations: Rs 296.15 crore
FY26 net profit: Rs 10.05 crore
FY25 net profit: Rs 8.45 crore

Why the change matters

Shivanee Shankar Dutt's new CEO role for New Business Initiatives puts one leader in charge of rolling out the pan-India Levi's and Nike shop-in-shop rights won from Apparel Group, so peers should expect execution speed to decide how much of the roughly Rs 100 crore potential over three to four years is captured.

What to watch next

  • Disclosure of the number and timing of Levi's and Nike shop-in-shop openings
  • H1 FY27 revenue growth versus the 6.9% FY26 rate
  • Net profit holding above Rs 10.05 crore as rollout costs hit
  • Announcement of another brand or channel partnership from the new-business unit
  • Changes in borrowings or inventory levels in the next filings

The source

Source Read the source at IMAGES Business of Fashion

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