Trent (Westside)
 | |
| Type | Public |
|---|---|
| NSE: TRENT | |
| Industry | Retail |
| Founded | 1998 |
| Headquarters | Mumbai, Maharashtra , India |
| Revenue | 2,346 Crores (2018) |
| 86 crores (2018) | |
| Parent | Tata Group |
| Website | www |
Trent Limited (portmanteau of Tata Retail Enterprise) is the retail hand of Tata group based out of Mumbai, Maharashtra.
Started in 1998, Trent operates Westside, one of the many growing retail chains in India based in Mumbai, and Landmark, a bookstore chain with brick and mortar stores in various locations of India.[1]
History[]
In 1998 Tata sold off their 50% stake in the cosmetic products company Lakmé to HUL for ₹200 crore (US$48.46 million), and created Trent from the money it made through the sale. All shareholders of Lakmé were given different shares in Trent. Simone Tata, the chairperson of Lakmé, went on to head Trent. The reason behind the sale was that Tata saw a greater growth potential in retail, and believed that it would be much more difficult for an Indian company to release new cosmetic products in a market that had opened up to global companies.
In Aug, 2005 Trent acquired a 76% controlling stake in Landmark,[2] a Chennai-based privately owned books and music retailer, and completed 100% acquisition in April 2008.[3]
Business[]
- Westside - It offers branded fashion apparel, footwear and accessories for men, women and children, along with a wide range of home furnishings and decor. It has over 200 retail stores measuring 8,000-34,000 sq. ft. in 82 major Indian cities under the Westside brand.
- Zudio - It offers affordable fashion for men, women and children. The company has established 160 stores across 70 cities.[4]
- Star - It offers an assortment of products, including staples, beverages, health and beauty products along with fresh offerings in 10 hypermarkets and 26 supermarkets available in eight Indian cities.[5]
- Landmark - It offers curated range of toys, front listed books, stationery and sports merchandise in its 16 stores.
- Booker Wholesale - It operates cash and carry stores which are providing best choice, price and service to kirana stores, traders, wholesalers, hotels, restaurants and small businesses.
References[]
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Wikimedia Commons has media related to Trent (Westside). |
- ^ "Fashion for ladies & latest men's fashion | Westside brand name clothing". Mywestside.com. Archived from the original on 20 May 2011. Retrieved 23 February 2011.
- ^ "Trent acquires 76% stake in Landmark for Rs 103.6 cr". The Hindu Business Line. 31 August 2005. Retrieved 23 February 2011.
- ^ "Trent buys out Landmark promoter". The Hindu Business Line. 1 May 2008. Retrieved 23 February 2011.
- ^ "Trent | Business | Tata group". www.tata.com. Retrieved 5 April 2020.
- ^ "Trent's Star Bazaar comes to Bangalore". Tata.com. 14 January 2008. Retrieved 23 February 2011.
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Categories:
- Retail companies of India
- Companies based in Mumbai
- Clothing brands of India
- Retail companies established in 1998
- Trent Limited
- Indian companies established in 1998
- 1998 establishments in Maharashtra
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