03 May 2023, Mumbai
Cantabil Retail India Limited, a prominent fashion retail brand, has further expanded its reach with the opening of five new showrooms across different cities in India in April 2023. The addition of these new showrooms brings the total number of Cantabil's stores to 452.
The move is in line with the company's ongoing efforts to increase its presence and meet the growing demand for its products in the country. These new showrooms will offer customers an extensive range of stylish clothing, footwear, and accessories for men, women, and children.
Cantabil has a proven track record of success in the Indian retail market, with the company's revenue steadily increasing over the past few years. In the fiscal year 2022, Cantabil reported a revenue of Rs. 1,212.72 crores, up from Rs. 1,009.78 crores in the previous fiscal year. The company's focus on product quality, affordability, and expanding its store network has contributed to this growth.
Cantabil operates in the mid-priced segment of the fashion retail market, catering to customers across different age groups. With the addition of five new showrooms, Cantabil Retail India Limited is expected to further strengthen its position in the mid-priced fashion retail market and expand its customer base across different regions in India.
