Landmark Group’s Lifestyle wins ‘Most Admired Retailer’ award
Prestigious IRA recognition marks unprecedented
growth phase for Lifestyle International in India
UAE-based Landmark Group, a leading retailer and one of Middle East’s fastest growing conglomerate businesses, today announced that Lifestyle International has won the ‘Most Admired Retailer of the Year – Department Store’ award at India’s largest retail award ceremony – The Images Retail Awards (IRA) 2008. The IRA was held at the conclusion of the three day retail fair – the India Retail Forum (IRF). IRA is acclaimed as the Oscars of Indian retailing world. Lifestyle International is promoted by Micky Jagtiani, Chairman of the Landmark Group.
The award for Lifestyle further builds on its growth phase as the preferred department store concept within India and recognizes its progress and contribution to the changing retail environment in the country.
In his comments, Micky Jagtiani said: “We are honoured by this prestigious recognition from India Retail Forum, which is a reputed platform for the retail industry in the subcontinent. With the recognition, the Landmark Group and Lifestyle International have further reinforced their reputation in the fast-evolving retail segment within India. I would like to dedicate the award to the tireless effort and commitment of everyone associated with Lifestyle in India.”
He added: “The Group has built its reputation on the strength of its commitment to the consumer, which is reflected in the unmatched quality of its products. We wish to extend our sincerest gratitude to the IRA 2008 for honoring us with the award.”
IRF, the most authentic form of intellectual and information exchange for the retail business in the Indian subcontinent, is held to felicitate India’s top performing companies and professionals in retail business. It included 18 award categories that covered key retail segments and formats: department stores, catering outlets, consumer electronics, leisure, entertainment, beauty and fitness care, hypermarkets etc.
Positioned as a trendy, youthful and vibrant brand that offers customers a wide variety of merchandise at an exceptional value for money, Lifestyle India began operations in 1999 with its first store in Chennai. Lifestyle in India is a department store format unlike the Lifestyle in the Middle East, which is more of a home accessories, teen gifts and personal grooming products and accessories store. Currently there are 14 Lifestyle stores in the country.
Lifestyle offers a truly international shopping experience, a fact borne out by numerous accolades. Business World - IMRB Most Respected Company Awards Survey rated Lifestyle as the Most Respected Company in the Retail Sector in 2003 and 2004. Lifestyle has also been awarded the ICICI - KSA Technopak Award for Retail Excellence in 2005, the Reid & Taylor Retailer of the Year Award in 2006 and the Lycra Images Fashion Award for the Most Admired Large Format Retailer of the Year in 2006.
