Zudio has seen remarkable expansion since its FY17 inception, now boasting over 350 standalone stores and revenue of ₹3,540 crore. (Photo; Company website) Mumbai: Trent Ltd’s value apparel ...

As of FY24, 85% of Zudio’s items are priced under Rs 1,000, and most of its core SKUs hover around the Rs 300– Rs 500 range. “Affordability is the brand,” a retail analyst at Edelweiss noted.

Peers Arvind Fashions , opens new tab and Aditya Birla Fashion Retail , opens new tab will report next month. Shares of Trent rose 29.2% in the March quarter. ($1 = 83.4691 Indian rupees) ...

Zudio's success has been aided by an exclusive design portfolio and a low gross margin of 35-40%. This enables the company to achieve high store productivity, with a revenue per sq ft of Rs 16,300 ...

Intune started in June and has only six outlets compared to Zudio's 350 stores. But the Shoppers Stop-owned chain is confident on taking on its larger rival by picking its battles carefully.

Trent Ltd, a Tata Group apparel retail company, which operates Westside and Zudio chain, is set to thrive as discretionary demand bounces back, and new product categories and online sales grow.