Zudio, a Tata Group-owned inexpensive apparel brand, wants to build up to 200 outlets in fiscal year 2025.
The firm provides clothing for men, women, and children, as well as cosmetic goods and loungewear, all of which are reasonably priced. In FY ’24, the company launched over 100 outlets in India and expects to increase its total store count to approximately 500 by March 2034. It intends to open 150-200 outlets in FY ’25.
Zudio, Trent’s retail arm, has enabled the firm to more than treble its independent sales from around Rs 3,500 crore before the pandemic to Rs 8,000 crore in 2022-23, boosting the retail arm’s market valuation to more than US $ 5 billion.
Trent, a Tata Group retail company, also manages the Westside departmental store chain and Landmark bookshops. In addition, the firm maintains a couple of partnerships with Spain’s Inditex SA to manage the Zara and Massimo Dutti brands in India.
