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 Westside store inThiruvananthapuram | |
| Company type | Public |
|---|---|
| |
| ISIN | INE849A01020 |
| Industry | Retail |
| Founded | 1952; 73 years ago (1952) (asLakmé Limited)[1] 1998; 27 years ago (1998) (as Trent Limited)[1] |
| Headquarters | , India |
Key people | |
| Revenue |  ₹17,353 crore (US$2.1 billion) (2025) |
| ₹2,029 crore (US$240 million) (2025) | |
| ₹1,534 crore (US$180 million) (2025) | |
Number of employees | 25,277 (March 2024)[3] |
| Parent | Tata Group |
| Website | trentlimited |
| Footnotes / references Financials as of 31 March 2025[update].[4] | |
Trent Limited (portmanteau of Tata Retail Enterprise) is an Indianretail company, which is part of theTata Group and based inMumbai. Started in 1998, Trent owns and operates fashion and lifestyleretail formats such as Westside, Zudio and Utsa. The company also runs retail chains like Star Bazaar andZara through joint ventures.
In 1998, the Tatas sold off their 50% stake inLakmé Cosmetics toHindustan Lever for₹200 crore (US$48.46 million), 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 ofLittlewoods inBangalore and renaming the store "Westside".[5]
Trent operated only Westside stores until 2004, when it opened its first Star Bazaarhypermarket inAhmedabad.[6][7]
In 2005, Trent acquired a 76% controlling stake inLandmark Bookstores,[8] aChennai-based privately owned books and music retailer, and completed 100% acquisition in April 2008.[9]
In 2007, Trent entered a franchisee agreement withBenetton Group to set up Sisley stores in India.[10] In 2008, Trent launched value fashion stores called Fashion Yatra.[11] 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.[12]
In 2009, Trent andInditex established a 49:51joint venture to runZara stores in India.[13][14] Two years later, the two companies entered a similar agreement to openMassimo Dutti stores in India.[15]
In 2014,Tesco acquired a 50% stake in Star Bazaar for £85 million and became a joint venture partner.[16][17] After the establishment of the joint venture, Star Bazaar startedsupermarket format Star Market and smallconvenience store format Star Daily,[18] but discontinued the latter by early 2018[19] when it began itsonline grocery service called StarQuik.[20]
In 2015, Trent entered into a partnership withSonae to open and operateSport Zone outlets in India, but the venture was later dissolved.[21][22]
In 2016, Trent opened its first Zudio store inBangalore.[23] Over the subsequent years, the number of Zudio stores grew at a faster rate than Trent's flagship format Westside, driven by highturnover of Zudio's relatively inexpensivefast fashion clothing.[24][25][26]
In 2019, Trent acquired a 51% stake inBooker India for₹22 crore (US$3.12 million).[27] After theoutbreak of COVID-19, Trentrepositioned Landmark Bookstores as a beauty and accessories retailer called Misbu. In 2023, the company startedoccasionwear chain, Samoh.[22]
In 2024, the company began operating internationally with the opening of a Zudio store inDubai.[26]
Retail formats of Trent include:
| Name | No. of stores (March 2025)[28] | 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 withTesco |
| Zara | 23 | Fast-fashion retail chain | 2009 | 35:65 joint venture withInditex[29] |
| 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 |
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