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Trent to Open first Zudio store in Dubai next month – ET Retail

adminAugust 29, 202403 mins

New Delhi: Noel Tata-led Trent is launching its value fashion brand Zudio in Dubai next month, the retailer’s maiden attempt to enter the overseas market to cash in on the large Indian diaspora. The first Zudio store in Dubai will be located in Silicon Oasis Mall. The Zudio format now contributes more than a third…

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Trent Q1 profit rises two-fold; revenue at Rs 4,104 crore – ET Retail

adminAugust 9, 202402 mins

Representative Image Indian retailer Trent reported a two-fold jump in first-quarter profit on Friday, boosted by demand at its cheaper Zudio outlets, which cater to budget-conscious consumers. The retailer’s shares jumped 10% to a record high after the results. The Tata Group-owned company‘s consolidated net profit rose to 3.93 billion rupees ($47 million) for the…