Arvind Fashions Limited (AFL), a vertically integrated apparel manufacturer based in India, and the local partner of PVH, reported strong revenue growth for the 12 months ending March 31, 2026 with revenues of some €470 million, up 14%. The group’s gross margins also spiked 91% to 54.4% over the period due to a “richer channel mix, discount reduction and sourcing gains,” the group said.

For the coming year, the company plans to open another 150 stores, in larger formats to “elevate the brand experience” and develop sales in what it calls adjacent categories. 

AFL markets a portfolio of brands that include Calvin Klein and Tommy Hilfiger, along with U.S. Polo Assn., Arrow and Flying Machine. 

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