Retail
Trent Zudio crosses 1,000 stores as Q2 revenue hits ₹5,788 crore
Value fashion arm drives 23% standalone growth and 27 net new stores, pressuring every high-street discounter.
Meera Iyer, Retail correspondent··4 min read
Retail
Value fashion arm drives 23% standalone growth and 27 net new stores, pressuring every high-street discounter.
Meera Iyer, Retail correspondent··4 min read
Trent reported standalone revenue of ₹5,788 crore for the September quarter, up 23% year-on-year. Zudio crossed the 1,000-store mark. The company added 27 net stores—17 Zudio and 10 Westside—taking the total fashion network to 1,342 outlets.
Zudio’s milestone and the 23% revenue rise came with continued Tier-2 and Tier-3 openings. Same-store trends held after festive calendar adjustment. Westside and Zudio together now dominate Trent’s footprint.
On the shop floor a new Zudio of 8,000-10,000 sq ft turns inventory faster than traditional department stores, letting the till capture price-sensitive festive buyers before they drift to unorganised markets.
Zudio crossed 1,000 stores while Trent revenue rose 23% to ₹5,788 crore.
The pace helps Trent but squeezes V-Mart, Reliance Yousta and ABFRL Style Up on rent and manpower in the same catchments. Premium formats feel less heat yet lose share of wallet.
Watch Westside’s accelerated openings and any update on the ₹2,500 crore capital plan through the festive window and next quarterly update.
Filed under Retail·Meera Iyer
Readers' mark
Be the first to mark this story.
Ask the desk
Signed-in readers can put a question to the desk. We file a short take on this story — not a press release.
Opinion · Retail
When even the fastest fashion expander rotates capital to mid-premium, the kirana-to-mall ladder is changing.
The Desk · 25 Oct · 4 min read
Retail
FICO deal with MMG Group starts with 100 Delhi-NCR outlets at fuel stations and transit hubs.
Rhea Kapoor · 25 Oct · 4 min read
Retail
VTC Group opens Delhi flagship with 500 SKUs and targets north-west cities before Christmas flavours land.
Meera Iyer · 25 Oct · 4 min read