Cantabil on an expansion spree

Cantabil India, a Delhi based apparel company is planning to open 180 outlets by 2011. The outlets will be a mixture of both franchised as well as company owned stores.

According to the company officials, these outlets will be opened pan India but would be concentrating more in south, east, and central India. Cantabil already has its well marked presence in north and west India.

Cantabil currently operates 414 outlets across the country, out of these 260 are of its family-wear brand 'Cantabil' and 154 stores of menswear brand 'La Fanso'.

In the last five years, the company grew at an annual aggregate of 75 per cent. Cantabil further hopes to maintain the momentum and capitalise on the revival of the retail market. In 2009-10, the company recorded a turnover of Rs 202 crore. Cantabil further aims to have at least 35 to 40 per cent annual growth in the coming years.