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ODEL
sets its footprint in Kohuwela
ODEL, Sri Lankas premier lifestyle brand, added another door
recently, with the opening of its outlet in Kohuwela. This addition
to the lineup of ODELs existing chain of stores takes the
brands range of stylish collections to the suburbs of Colombo,
at the same time widening the brands customer base.
The
new store once again highlights the rapid expansion of this retail
chain from a one-store operation, to become Sri Lankas most
successful brand of clothing stores. Following ODELs continuing
plans for growth by entering and developing new consumer markets
in the country, the brands move to Kohuwela signifies a new
era for the retail giant as it moves into emerging markets.As a
suburb that has shown stages of swift development over the past
couple of years, Kohuwela is now seen to be a major residential
and commercial district on the outskirts of Colombo city, as well
as a highly matured retail sector.
The
launch of this new outlet outside of Colombo once again demonstrates
ODEL Chief Executive Officer (CEO), Ms. Otara Gunewardenes
insights into consumer needs, and her ability to identify and tap
into emerging retail markets around the country. Speaking at the
launch of the new store, Ms. Gunewardene said that the Kohuwela
customer base and the location of the outlet was in keeping with
the Odel identity and as such was a suitable area to expand to.
The
limited time people have with their busy lifestyle plus traffic
is sometimes a deterrent for customers from this area to visit our
other outlets. We have now made it easier for them to access the
Odel offer. The Kohuwela outlet forms the newest entity in the existing
chain of stores by this iconic fashion brand, which also has a presence
in Alexandra Place, Majestic City, and the Bandaranaiyake International
Airport. The brands largest expansion at Alexandra place adjoining
the current department store which will be one of the best retail
spaces in the region is set to start next year.
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