Logo of the Indian fashion retailer Trent’s flagship brand Westside is displayed in front of their showroom in New Delhi, India, April 14, 2025. REUTERS
Reuters – Indian clothing retailer Trent said on Monday its standalone revenue grew 17% in the third-quarter, unchanged from last quarter when it recorded its slowest growth in four years.
Trent has been on a store-opening spree the last few quarters, with its store count climbing to 1,164 as of December 31, compared to over 900 outlets during the third-quarter last year.
That helped Trent’s standalone revenue excluding tax rise to 52.2 billion rupees ($578.1 million) in the reported quarter from 44.66 billion rupees the year before.
The company, home to brands such as Westside and Zudio, that offers budget options to the country’s growing youth has struggled to lure in customers over the last few quarters as urban consumers cut back on spending.
Reporting by Komal Salecha and Mridula Kumar in Bengaluru; Editing by Shailesh Kuber
