Indo Count Revives Iconic Wamsutta Brand with Direct-to-Consumer Strategy
Indo Count Industries Limited (ICIL) has relaunched the 180-year-old American brand Wamsutta through a direct-to-consumer (D2C) approach. The brand, acquired by ICIL's US subsidiary in April 2024, is now exclusively available at wamsutta.com in the United States. The relaunch focuses on premium bedding and bath products, emphasizing quality, simplicity, and timeless design. This move is part of ICIL's strategy to strengthen its presence in the premium segment of the U.S. home textiles market and leverage legacy brands for scalable growth through digital channels.
23Jun 25
Indo Count Industries Expands Footprint with New Subsidiary in Shanghai
Indo Count Industries has set up a new step-down subsidiary, Indo Count (Shanghai) Commercial Co. Ltd., in Shanghai, China. This strategic move aims to strengthen the company's global presence, particularly in the East Asian market. The subsidiary is expected to provide better access to the Chinese market, optimize supply chain operations, and enable quicker response to local market demands.
31May 25
Indo Count Industries Aims to Double Revenue by FY28
Indo Count Industries Ltd. has announced plans to double its revenue by fiscal year 2028. The company's growth strategy focuses on brands and value-added segments, which are expected to contribute USD 275 million to revenue. This approach suggests a shift towards premium market segments, product innovation, and potential market expansion.
30May 25
Indo Count Industries Reports Decline in Q4 Financial Performance
Indo Count Industries, a major textile player, released its Q4 FY23 results showing significant declines across key financial metrics. Revenue decreased by 6.42% to ₹10.20 billion, while EBITDA fell by 50.36% to ₹819.00 million. The EBITDA margin contracted to 8.01% from 15.12% in the previous year. Most notably, net profit plummeted by 87.81% to ₹112.00 million, compared to ₹919.00 million in Q4 FY22. The company also experienced a sequential decline in profitability from the previous quarter.