Apparel manufacturer Cantabil Retail India is seeking to enhance its global presence by venturing into Nepal with its first Exclusive Brand Outlet (EBO), the company announced in a media release on Friday.
“This marks a new chapter in our journey, and we are eagerly awaiting to introduce the Cantabil experience to a new audience worldwide,” Deepak Bansal, director of the company said.
The clothing retailer also shared that it reached its 500th store milestone by opening a store in Rekabganj, Ayodhya.
On achieving this milestone, Bansal said, “We are not only thrilled about this achievement, but also excited about the prospects it opens for us all over the country.”
In the ongoing fiscal year 2023-24, Cantabil launched 69 exclusive retail outlets spanning 14 diverse cities. The company currently maintains a footprint in over 250 cities throughout India and has intentions to inaugurate additional stores in the upcoming months. It envisions expanding further into Tier II and III cities.
In the current year, the clothing retailer expanded its offerings by venturing into the footwear and athleisure category, debuting its initial store in Hapur, Uttar Pradesh. Additionally, the company plans to establish five exclusive brand outlets dedicated to these categories by the year’s end.
