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Trent to invest Rs 150 crore to launch its own mass market apparel stores: Report

19 Aug 2016 Evaluate

Trent has reportedly set aside Rs 150 crore to expand to West Asia and launch its own mass market apparel stores, apart from adding about 50 stores across formats such as Westside and Star Bazaar.

Besides, the Tata Group’s retail company is gearing up to launch its first private label standalone store, Zudi, in Bengaluru ahead of the festival season. The mass market apparel brand will be in the value format - the first private label to be spun off as a separate store.

Trent is part of the Tata Group and is engaged in business of retailing. Trent acquired 76% stake in Landmark, one of the largest books and music retail chains in the India.

Peers
Company Name CMP
Avenue Supermarts 3681.10
Trent 2731.00
Vishal Mega Mart 100.20
PN Gadgil Jewellers 611.55
Aditya Birla Life 83.02
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