Azamgarh is next stop in Cantabil’s expansion drive

Cantabil Retail India Ltd., which has been on a major expansion drive with a keen focus on tier 2-3 markets, has announced the opening of its retail store in Azamgarh, Uttar Pradesh. Spread across an area of 2500 sqft., this brand’s store is located at Agrasen Chauraha, Civil Lines in Azamgarh.

The company says that the all-new Cantabil Retail store represents the future of retail experience for its customers, as they offer a full range of formal-wear, casuals, and ultra-casual clothing for men, women & kids at competitive price. With this store opening, Cantabil Retail has reached to 465 store mark across India and plans to continue expanding its retail presence. 

Commenting on the opening of the store, Deepak Bansal, Director, Cantabil Retail India Ltd. said, “We are delighted to announce the launch of our new retail store in Azamgarh. Cantabil Retail as a brand has been well received and admired amongst our customers in the mid-premium segment, across all age groups. In order to ensure the availability of stylish, trendy & contemporary fashion apparel to our customers, we have opened our 72^nd store in Uttar Pradesh. Today, we have a strong presence across the length and breadth of the country and aim to aggressively expand our retail presence further over the next few years.”

The retail brand’s expansion plans point to the growing opportunity in tier 2-3 markets across the country. The company had recently reported a revenue growth of 43.96% to Rs. 551.72 crore with a PAT growth of 76.66% to Rs. 67.24 crore for the full Financial Year ended on March 31, 2023, and its offline expansion had played a major role in driving growth.