Trent: Can this differentiated brand retailer be back on strong growth path?

Trent’s store expansion strategy in the apparel space is fast, and this would pave the way for an industry-leading growth

Bharat Gianani
August 23, 2021 / 10:30 AM IST
Trent: Can this differentiated brand retailer be back on strong growth path?

Amazon reportedly approached few US apparel brands with the plan two years back. (Representative image)

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

Trent Limited’s (Trent) (CMP: Rs 899; Market Capitalisation: Rs 31,951 crore) June 2021 quarter results were affected by lockdowns/restrictions. However, Trent has witnessed faster recovery and it is expecting to reach normalcy by Q3FY22. Trent’s store-expansion strategy in the apparel space is fast, and this would pave the way for industry-leading growth. Trent is working on building out differentiated brands which are scalable, viz., Westside (aspirational fashion apparel), Zudio (value fashion apparel), Utsa (modern lifestyle apparel), Star (hyper and supermarkets...