ScoutQuest28 Sep 2026
Thomas Scott (India)533941Licensing deal

Exclusive Forever 21 Licence for India, Nepal, Bangladesh Signed with F21 IPCO LLC

Signed a Licensing Agreement and Global Designated Supplier Agreement with F21 IPCO LLC (Authentic Brands Group) for Forever 21.

By ScoutQuest · · 1 min read

License Territory
India, Nepal, Bangladesh
License Term
5 years, extendable by another 5 years
Revenue FY26
₹254.9 crore with 58.3% year-on-year growth
SKU Portfolio
50,000+ SKUs across 15+ brands
Manufacturing Facilities
Four manufacturing facilities and four fulfilment centres

What was announced

The Company has entered into a Licensing agreement and Global Designated Supplier Agreement with F21 IPCO LLC, a subsidiary of Authentic Brands Group, for the Forever 21 brand.

Scope

Term and consideration

Company capabilities cited

About the counterparty

Authentic Brands Group works through a network of more than 1,700 licensees and strategic partners across 150 countries, with brands driving more than $38 billion in annual systemwide sales.

What investors may note

No promoter/promoter group interest exists in the counterparty, and the arrangement is not a related party transaction. The Company says a digital-first approach will be taken initially, with further details on the Forever 21 launch and market plans to be announced in due course. Actual financial impact will depend on sales achieved under the licence and on volumes supplied under the global supplier stream.

More numbers
  • Initial agreement term5 years
  • Extension optionanother 5 years
  • SKUs managed50,000+ SKUs
  • Brands managed15+ brands
  • Manufacturing facilitiesfour manufacturing facilities
  • Fulfilment centresfour fulfilment centres
  • FY26 consolidated revenue₹254.9 crore
  • Revenue YoY growth FY2658.3%
  • Authentic licensees and partnersmore than 1,700
  • Countries covered by Authentic150 countries
  • Authentic annual systemwide sales$38 billion
Source: BSE · 28 Sep 2026

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