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.