Welspun Group subsidiary Christy targets 30% growth in FY26, India expansion plans delayed UK-based luxury brand Christy, a subsidiary of textile conglomerate Welspun Living, is targeting a 30% growth in FY26, with plans to expand its global footprint and diversify its product line.
In an interview with FE, Christy’s CEO, Vanshika Goenka Misra, elaborated on the company’s expansion plans, beginning with the launch of four new product categories in September 2025. “We are diversifying our product line with the gifting collection, which will comprise socks, hair ties and eye masks, apparel featuring our pyjamas, a summer collection of beach towels and beachwear, and newer additions to our Wimbledon collection. The aim is to increase the purchase frequency of buyers, and we estimate these categories will contribute around 7-8% of Christy’s sales.”
The luxury home textiles brand, which was supposed to debut in India in 2025, has now delayed its foray to 2026. “Because of the global supply chain disturbance and geopolitical issues, we aim to enter India in FY 26-27,” Misra said. India is a key manufacturing hub for Christy, with approximately 70% of its terry towels and 3-5% of its bedding coming from manufacturing facilities of parent company, Welspun Living. Misra also revealed that the company plans to increase its manufacturing capacity for the bedding, pyjamas and gifting segment.
Misra expressed optimism at the recent free trade agreement (FTA) between India and the UK, saying, “The FTA will help increase our margins by 8-10%, especially for our terry towels.”
Currently, the UK contributes about 60% to Christy’s topline, followed by the Middle East at 10-12%, ending with the USA and other geographies. “We are currently collaborating with a new Middle East-based distributor to expand our footprint in the region. Additionally, we aim to increase our shelf space in premium stores across the UK and US,” Misra added.
Presently, 27% of Christy’s sales are attributed to its website, with the rest coming from its partnerships with retailers. As per the company’s expansion plan, it will focus on the B2C segment and increasing shelf space in retail and department stores such as John Lewis, with whom Christy has a long-standing partnership.
Additionally, it has partnered with Bloomingdale’s in the USA and will be launching its product line in August 2025. “For FY26, we aim to open 3-5 new stores, increase our partnership with John Lewis to 17 stores, including inaugurating more outlet stores and a flagship store in the UK,” Misra added.
While specific revenue turnover results were not provided for Christy, it is said to account for 25-30% of Welspun Living’s consolidated branded revenue.