One of India’s largest fashion apparel brands Cantabil has opened its 600th store in the country. The newest store has come up at none other than in Jammu & Kashmir!
The sprawling 3,000 sq ft store is located at Baramulla, a tourist city known for its scenic, snow-clad mountains and also acts as a gateway to the J&K Valley.
Deepak Bansal, Director of Cantabil Retail India Ltd., said, “Reaching the 600-store milestone is a testament to our dedication, resilience, and the trust our customers have placed in us.
From a single store to a pan-India presence, this journey has been incredible. Our growth would not have been possible without our passionate team, loyal customers, and strong partnerships.
As we continue to expand, we remain committed to delivering quality fashion that resonates with the evolving preferences of Indian consumers.”
What began as a menswear-focussed business, now caters to women and kids’ apparel, alongside accessories such as perfumes, footwear and athleisure.
Editor’s Note
For FY 24-25, Cantabil reported revenues of INR 721 Cr, up 17% over the same period last year and a Net Profit of INR 75 Cr., up 20% over FY 23-24.
Cantabil competes in the affordable fashion segment, primarily focussing on the youth segment in Tier 2/3/4 cities.
Other brands in this space include Oxemberg, a part of the Siyaram Group which reported revenues of INR 2,200 Cr and Killer, part of the Kewal Kiran Group, which reported revenues of INR 1,000 Cr and Killer- for FY 24-25.
Chennai-based OTTO Clothing, a part of the eponymous Pothys Group is said to have annual revenues of INR 500 Cr.
Discover more from Retail Updates
Subscribe to get the latest posts sent to your email.
