Trent Limited

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Trent Limited (portmanteau of Tata Retail Enterprise) is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar and Zara through joint ventures.

History

In 1998, the Tatas sold off their 50% stake in Lakmé Cosmetics to Hindustan Lever for Template:Indian rupee200 crore (Template:INRConvert/HistoricalRate/Formatted), and created Trent with the proceeds from the sale. Simone Tata, the chairperson of Lakmé, went on to head Trent. The company began operations in 1998, after acquiring the only store of Littlewoods in Bangalore and renaming the store "Westside".[1]

Trent operated only Westside stores until 2004, when it opened its first Star Bazaar hypermarket in Ahmedabad.[2][3]

In 2005, Trent acquired a 76% controlling stake in Landmark Bookstores,[4] a Chennai-based privately owned books and music retailer, and completed 100% acquisition in April 2008.[5]

In 2007, Trent entered a franchisee agreement with Benetton Group to set up Sisley stores in India.[6] In 2008, Trent launched value fashion stores called Fashion Yatra.[7] However, by 2012, the company shut down all Fashion Yatra stores and later terminated its Sisley agreement in an effort to shelve loss-making ventures.[8]

In 2009, Trent and Inditex established a 49:51 joint venture to run Zara stores in India.[9][10] Two years later, the two companies entered a similar agreement to open Massimo Dutti stores in India.[11]

In 2014, Tesco acquired a 50% stake in Star Bazaar for £85 million and became a joint venture partner.[12][13] After the establishment of the joint venture, Star Bazaar started supermarket format Star Market and small convenience store format Star Daily,[14] but discontinued the latter by early 2018[15] when it began its online grocery service called StarQuik.[16]

In 2015, Trent entered into a partnership with Sonae to open and operate Sport Zone outlets in India, but the venture was later dissolved.[17][18]

In 2016, Trent opened its first Zudio store in Bangalore.[19] Over the subsequent years, the number of Zudio stores grew at a faster rate than Trent's flagship format Westside, driven by high turnover of Zudio's relatively inexpensive fast fashion clothing.[20][21][22]

In 2019, Trent acquired a 51% stake in Booker India for Template:INRconvert.[23] After the outbreak of COVID-19, Trent repositioned Landmark Bookstores as a beauty and accessories retailer called Misbu. In 2023, the company started occasionwear chain, Samoh.[18]

In 2024, the company began operating internationally with the opening of a Zudio store in Dubai.[22]

Retail formats

Retail formats of Trent include:

Name No. of stores
(March 2025)[24] 		Type Year established Notes
Westside 248 Branded fashion apparel, footwear and accessories for men, women and children, along with home furnishings and decor 1998 Wholly-owned
Zudio 765 Affordable fashion for men, women and children 2016 Wholly-owned
Utsa 20 Contemporary ethnic apparel, beauty products and accessories 2019 Wholly-owned
Samoh 5 Indian occasionwear 2023 Wholly-owned
Star 78 Supermarket format offering groceries, daily essentials and general merchandise 2004 50:50 joint venture with Tesco
Zara 23 Fast-fashion retail chain 2009 35:65 joint venture with Inditex[25]
Massimo Dutti 3 Premium clothing retail chain 2011 49:51 joint venture with Inditex
Booker India 5 Cash and carry format for businesses and traders 2019 51:49 joint venture with Tesco

References

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External links

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