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Cantabil on an expansion spree

Opportunity India Desk
Opportunity India Desk Sep 29, 2017 - 1 min read
Cantabil on an expansion spree image
Cantabil, an apparel and accessories brand is planning to open around 150 retail outlets by the end of this financial year.

Cantabil, an apparel and accessories brand is planning to open around 150 retail outlets by the end of this financial year. It is planning to spread across the southern and eastern parts of the country mostly through the franchise model. The company is adding 50 new outlets for Cantabil and 100 stores for their co-brand Lafanso with the prime consideration of location by the prospective franchisees. Cantabil is positioned as a discount brand store where discounts are offered throughout the year. As compared to the last financial year the company witnessed a 10 per cent increase in the sales which has led to the company’s expansion plans. The company is planning to open its new stores in Bangaluru, Chennai, Hyderabad, Kolkata, Gwalior and Siliguri, among others and further also plans to spread its wings across Kerala , Thiruvananthapuram, Calicut and Kochi. Cantabil India is a part of Italian fashion brand Cantabil and presently operates 200 stores for its Cantabil brand and 175 stores for its Lafanso brand. The new stores would be located over an area of 500 to 2,000 sq ft.

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