Home » Clothing brand Kottail Milano plans to open 40 stores in 2023, ET Retail

Clothing brand Kottail Milano plans to open 40 stores in 2023, ET Retail

by TopBusinessView


New Delhi: Clothing brand Kottail Milano is planning to expand its retail footprint across the country by opening 40 new stores in 2023, the company said in a press release.

The company’s primary focus of expansion will be tier 2 cities in northern states of India including Rajasthan, Uttar Pradesh, and Uttarakhand.

Mayank Bansal, director of the company said, “This latest step will help us navigate our way into newer categories like womenswear, kidswear, activewear, and footwear.”

Founded in 2016, the company has its presence in more than 100 brand outlets and hopes to open 500 stores in the next 3 years.

The clothing brand said it has earned Rs 50 crore since its inception. Further, it expects to generate a revenue of Rs 100 crore in the current fiscal year 2023-24.

  • Published On May 23, 2023 at 02:34 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRetail App

  • Get Realtime updates
  • Save your favourite articles

Scan to download App


Source link

Related Posts

Leave a Comment

An online resource called TOP BUSINESS VIEW offers concise, in-depth, and clear articles about many fields. We are skilled in various areas, including fashion, business, food, technology, and health. Visit our website to see some truly fantastic content that will catch your attention. Contact us at topbusinessview@gmail.com

Edtior's Picks

Latest Articles