Trent Plans Global Retail Foray
- Updated Monday Jun 03 2024
Trent Plans Global Retail Foray
Buoyed by enhanced revenues, Zudio by Trent, the clothing retail arm of the Tata Group led by Noel Tata, is entering Dubai with a flagship retail store.
The Brand which focuses on affordable fast fashion, has surpassed 7,000 Crore revenue this past fiscal.
The Company had deferred its international expansion earlier to consolidate on India operations. It also operates the Zara chain in India in joint venture with Inditex.
Trent revenue CAGR has been a gobsmacking 45% over the past 5 years, and it now does multibillion dollar business in India.
New store openings have picked up a rapid pace with almost 100 new stores being opened in the last quarter alone.
Trent share prices have grown by 305% over the past 2 years.
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