The expansion will be in tier 2 cities of the northern states such as Rajasthan, Uttar Pradesh and Uttarakhand.
Mumbai: Kottail Milano, a clothing brand based in New Delhi, is preparing to expand its retail reach across the country by opening 40 exclusive stores by 2023, the company announced in a press release on Wednesday. Two. The main focus of the expansion will be tier-2 cities in the northern Indian states of Rajasthan, Uttar Pradesh and Uttarakhand.
Mayank Bansal, director of Kottail Milano, said: “We, at Kottail Milano, are delighted at the prospect of opening around 50 new stores in 2023 as part of our expansion policy. We’ve seen tremendous traction in tier-2 cities, and the retail expansion plan will be a major milestone in our goal of opening 500 stores over the next three years. The latest step will also help us find our way into newer categories such as womenswear, kidswear, activewear and footwear.”
Kottail Milano offers a wide selection of clothing including shirts, t-shirts, jeans, trousers, work wear, vests, sweatshirts, jackets, wool and other men’s clothing products.
Over the past few years, it has established its presence in Delhi NCR, Rajasthan, Haryana, Punjab, Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Bihar, Jammu & Kashmir, Uttarakhand and Jharkhand. In April and May 2023, Kottail Milano also opened stores in Haldwani (Uttarakhand), Shamli (Uttar Pradesh), Jewar (Uttar Pradesh), Faridkot (Punjab), Neemuch (Madhya Pradesh) and Narela (New Delhi) ).
Founded in November 2016 by Anil Bansal, Kottail Milano has successfully opened more than 100 brand stores while achieving a turnover of Rs 50 crore in the financial year 22-2023. The clothing brand is also predicted to generate sales worth Rs 100 crore for the fiscal year 2023-2024. Its product range includes casual and formal clothing, as well as an extensive collection that offers something for every taste and occasion.
