Promart, India’s multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year 2014, the company’s CEO Punit Agarwal told PTI, Economic Times reported.
Promart, India's multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year #
Along with the aggressive expansion drive, the retail chain is also eyeing a humongous turnover of about Rs. 7 billion by the end of next fiscal in 2014, Mr. Agarwal said.
Promart, India's multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year #
In order to implement its rapid expansion plans, the company will invest nearly Rs. 500 million for increasing operations in smaller cities of India.
Promart, India's multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year #
In addition to its future projects, the retailer plans to employ over 1,000 people in the year 2014.
Promart, India's multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year #
Acquired by Apple Group Of Companies and VEMB Lifestyle in 2011, Promart currently owns more than 32 outlets all over India.
Promart, India's multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year #
The firm offers clothing from several international brands like Adidas, Arrow, Lee Cooper, Lotto, Provogue, Pepe, Puma, Spykar and Wills Classic.
Promart, India's multi-brand discount clothing retailer plans to launch nearly 170 new outlets in Indian Tier II to Tier VI cities by the Fiscal Year #
Fibre2fashion News Desk - India
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