Home / Knowledge / News / Apparel/Garments / Promart bags IFA's value fashion retailer of year award
Promart bags IFA's value fashion retailer of year award
23
Mar '13
Promart Retail- a discount retail chain and value format brand has been announced as the most admired value fashion retailer of the year in an award ceremony conducted by Images Group. Promart has been announced in the top position in this category beating companies like VMart, Reliance Trendz and Fashion at Big Bazaar. The 13th edition of the Images Fashion Awards was held at Bombay Exhibition Centre, Mumbai to felicitate the industry titans for their significant contribution towards the industry's growth.

On this occasion, Punit Agarwal, Promoter and CEO said, “We believe this is a great achievement and milestone for the company as we have been growing at a very fast pace. We feel proud on this win and the tribute goes to my team and others who have been involved in this success journey. This motivates us to set new benchmarks and enables to us strive harder to reach the pinnacle of growth and success.”

The IMAGES Fashion Awards (IFA) is recognized as one of India's highest honours for the business of fashion. In their 13th year now, the 2013 edition of the awards recognized the business achievements of India's leading brands and retailers in the country. The awards are decided basis a stringent selection process that follows a nationwide consumer and industry poll and nominations. This is then backed with a performance assessment by a team of analysts and jury.

Promart currently boasts of 53 stores in 11 states and 2 Union Territories across Tier II- Tier VI cities.

About Promart Retail India Pvt. Ltd.

Promart is a value format concept in lifestyle retailing targeting smaller towns across India who have limited access to fashion. The brand offers exciting discounts from 25%-60% to consumers all year round. Launched by Provogue India, the chain was taken over by Apple Group of Companies and VEMB Lifestyle Pvt. Ltd in 2011. As part of the takeover, Apple Group and VEMB got control of the brand’s assets and intellectual property. 

Promart

Must ReadView All

Courtesy: Alibaba

Apparel/Garments | On 21st Feb 2017

Alibaba announces retail partnership with Bailian Group

Chinese e-commerce giant Alibaba Group has made another move in its...

Textiles | On 21st Feb 2017

GST to reduce documentation for logistics firms: CBRE

The Goods and Services Tax (GST) is likely to result in a reduction...

Apparel/Garments | On 21st Feb 2017

Govt may free up retail FDI for domestic goods

Government may remove restrictions on retailers like Walmart and...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search