Hotline: 1800 102 2007
X
Search Business Opportunities
Jun, 24 2013

Promart brings style to Meerut

Promart Retail India Pvt. Ltd., a discount retail chain and value format brand, launched its 60th store in Meerut with Bollywood diva Neha Dhupia. Spread across a total area of 2400 sq ft, this store has been tailored to meet the demands of the people in

Promart Retail India Pvt. Ltd., a discount retail chain and value format brand, launched its 60th store in Meerut with Bollywood diva Neha Dhupia. Spread across a total area of 2400 sq ft, this store has been tailored to meet the demands of the people in Meerut.

The store will offer an extensive range of apparel, accessories and footwear. The store has the right mix of national brands. The price range in the shoes segment is between Rs. 249 and Rs 3999 and in the apparel segment between Rs. 299 and Rs 4999 with a discount of 20- 60 percent. Ashish Garg, Promoter and Managing Director, Promart Retail India Pvt. Ltd. said: “We aim to bring the consumers an unmatched shopping experience which we have successfully achieved over the years. We have pumped in about Rs 25 crore only for UP as we believe there is a lot of potential here.”

Adding to this, Punit Agarwal, Promoter Chief Executive Officer, Promart Retail India Pvt. Ltd, said: “After launching 60 stores in India, we are all set to expand our footprints in UP by venturing in cities like Unnao, Hardoi, Firozabad, Rampur, Shahjahanpur and many more. We are seeing tremendous growth and a change in demand in tier II- tier VI cities and this store will reinforce our commitment of meeting the discerning needs of the shoppers in the city.”

Promart is a value format concept in lifestyle retailing, targeting smaller towns across India who have limited access to fashion. 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.

Comment
image
Related opportunities
  • Others Food Service
    About Us: Punjabi Chaap Corner well known as PCC founded in..
    Locations looking for expansion Delhi
    Establishment year 2014
    Franchising Launch Date 2012
    Investment size Rs. 5lac - 10lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Fashion accessories - women
    About Us: Malaysia's Leading Chain of Fashion  & Lifestyle concept stores. The..
    Locations looking for expansion New Delhi
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • Brainy brings you the opportunity to become your own boss! BRAINY..
    Locations looking for expansion Gujarat
    Establishment year 2004
    Franchising Launch Date 2004
    Investment size Rs. 10lac - 20lac
    Space required 700
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Rajkot Gujarat
  • CAD/CAM/CAE & Multimedia
    About Us: Established in 1999, EduCADD is one of the fastest growing company providi..
    Locations looking for expansion Karnataka
    Establishment year 1999
    Franchising Launch Date 2005
    Investment size Rs. 10lac - 20lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bengaluru Karnataka
Insta-Subscribe to
Entrepreneur
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities