Mumbai: Noel Tata-led chain Trent, which owns Westside, Zudio and Star Bazaar, has built a business model around selling private labels (owned brands), and its chief executive believes there is no reason just yet to deviate from this pronouncedly singular script for the Tata Group retailing business. “We have growing conviction in our model. The…
BENGALURU – Page Industries, which licenses products of innerwear and loungewear brand Jockey International in India, reported a 7.3% fall in second-quarter profit on Thursday as inflation-hit consumers continued to cut back on spending. The Bengaluru-based company, which also operates in countries such as Sri Lanka and the United Arab Emirates, said its profit fell…
Trent’s chairman Noel Tata New Delhi: Trent Limited, a part of the Tata Group, on Tuesday has reported a surge of 188.9 per cent in consolidated net profit at Rs 228.06 crore in the second quarter (Q2) ended September 30, 2023 against the net profit of Rs 78.94 crore in the previous fiscal’s same quarter,…
Swedish fashion retailer Hennes & Mauritz (H&M) posted a 40% increase in sales in the year to March 2023, still managing to retain its position as India’s largest fast fashion brand by revenues on lower pricing. The sales expansion, however, was lower compared to 49% a year ago, indicating consumer shift to competition including Uniqlo…
