The annual IMAGES Fashion Awards are adjudged on the basis of performance in operational benchmarks along with qualitative factors such as product and marketing innovation, social responsibility initiatives, HR practices and industry goodwill, among others. The IFA trophies for 2023 will go to India’s most forward-looking, innovative and exciting fashion brands, retailers and professionals for achievements in the year 2021. The awardees and finalists will be announced at a glittering ceremony on March 1, 2023.