Trent hits 1000 Zudio stores as Q2 revenue jumps 23%

Trent’s exchange update on 5 October confirmed the 1,000th Zudio opening and the ₹5,788 crore Q2 top line, with merchandise sales also up 23%. H1 store adds stood at 11 Westside and 36 Zudio on a net basis.

Shop-floor impact shows in smaller cities where a new Zudio pulls traffic from local multi-brand outlets and forces kirana-adjacent apparel sellers to match price points on basics. Till productivity and inventory turns become the daily metric as density rises.

Zudio crossed 1,000 stores while Trent revenue rose 23% even with the festive calendar shift.

The push squeezes other value players such as Reliance Trends, V-Mart and Vishal while helping landlords fill larger formats. Premium chains feel less direct heat but lose some aspirational footfall.

Watch same-store sales and revenue per square foot in the festive December quarter filing, plus any further city entries before Diwali.