Trent

Multi-Format Apparel & Lifestyle Retailtrentlimited.com

Trent Limited is a Tata Group multi-format retailer operating 1,286 stores across 321 Indian cities under Westside, Zudio, Star Bazaar, Utsa, SAMOH and Burnt Toast, plus 20% stakes in Zara and Massimo Dutti India JVs, serving 120 million customers through a 100% private-label model.

Company typePublic
Founded1952
HeadquartersMumbai, India
Headcount5,001–10,000
GTM typeB2C
OfferingServices

Trent firmographics

Firmographics

Name: Trent
Legal name: Trent Limited
Website: https://trentlimited.com
Company type: Public
Founded year: 1952
Operating status: Operating
Headcount range: 5,001–10,000 employees
Short description: Trent Limited is a Tata Group multi-format retailer operating 1,286 stores across 321 Indian cities under Westside, Zudio, Star Bazaar, Utsa, SAMOH and Burnt Toast, plus 20% stakes in Zara and Massimo Dutti India JVs, serving 120 million customers through a 100% private-label model.
Ownership category
akta.pro rank

Where Trent is headquartered

Location

Headquarters

HQ city: Mumbai
HQ country: India
HQ region: Asia

Offices2 records

Markets served

Trent business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

Retail Sales - Westside: Westside is Trent's leading lifestyle concept offering branded fashion apparel, footwear, accessories, home furnishings and décor through 300+ stores. Operates on 100% private-label model with exclusive in-house-designed brands.
Retail Sales - Zudio: Zudio is Trent's value-fashion concept offering function and fashion at sharp price points for women, men and children. Has scaled to 960+ stores, representing the fastest-growing format.
Food & Grocery - Star Bazaar: Star operates supermarket/concept stores offering FMCG, staples, fresh produce, beauty, and home needs. Operated by Trent Hypermarket Private Limited (50:50 JV with Tesco). Own-brand propositions contribute 73% of Star's revenues. Booker Wholesale serves kirana stores, traders, wholesalers, and small businesses.
Specialty Brands - Utsa, SAMOH, Burnt Toast: Utsa targets modern Indian women with lifestyle apparel, innerwear, beauty and accessories. SAMOH focuses on elevated occasion wear. Burnt Toast is a youth lifestyle proposition for self-expression and community.
Zara India Joint Venture: Trent holds 20% stake in Inditex Trent Retail India Private Limited, which operates Zara stores in India. Revenue from this JV is reported separately at approximately Rs 2,749 crore in FY26.
Massimo Dutti India Joint Venture: Trent holds 20% stake in Massimo Dutti India Private Limited, which operates Massimo Dutti stores in India.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels4 records

Trent product offering

Product offering

Core offering

Trent Limited operates a multi-format retail business in India selling apparel, footwear, accessories, home furnishings, and food & grocery products through its own private-label brands. Flagship formats include Westside (premium lifestyle, 300+ stores), Zudio (value fashion, 960+ stores), and Star Bazaar (food & grocery via 50:50 JV with Tesco, 84 stores), supported by specialty brands Utsa, SAMOH, and Burnt Toast, plus B2B wholesale arm Booker and online grocery platform StarQuik.

Product overview

Trent Limited operates a multi-brand retail portfolio under the Tata Group, offering fashion, lifestyle, and food & grocery products. The company's Fashion & Lifestyle segment includes Westside (premium lifestyle department stores), Zudio (value-fashion chain), Utsa (women's lifestyle), SAMOH (occasion wear), and Burnt Toast (youth lifestyle proposition), all operating under a 100% private-label model. The Food & Grocery segment includes Star Bazaar (supermarkets in partnership with Tesco) and Booker Wholesale (cash & carry for B2B customers), with online delivery through StarQuik. Additionally, Trent holds 20% stakes in Zara India and Massimo Dutti India joint ventures with Spain's Inditex group.

Differentiator

Problem solved

Functional benefit

Brands

Westside: Lifestyle concept offering branded fashion apparel, footwear and accessories for women, men and children, along with home furnishings and decor. 100% private-label model with in-house designed brands synced with latest fashion trends.
Zudio
Star Bazaar
Utsa
Samoh
Burnt Toast
Booker Wholesale
StarQuik

Products and services

Westside Westside is Trent's leading lifestyle concept offering branded fashion apparel, footwear and accessories for women, men and children, along with home furnishings and décor. Operates on a 100% private-label model with design, production, supply chain, stores and customer engagement capabilities through 300+ stores.
Zudio Zudio is Trent's value-fashion concept anchored around accessibility, offering function and fashion at irresistible prices for women, men and children. Exclusive offerings are curated in-house and made available at sharp price points through 960+ stores across India.
Utsa Utsa is a modern Indian woman's lifestyle destination curated as a portal of discovery offering Westside's apparel, footwear, innerwear, beauty and accessories for creative, discerning, and aspiring women seeking contemporary Indian aesthetics.
SAMOH SAMOH is an elevated and differentiated occasion-wear concept focusing on elegant, expressive, modern silhouettes with premium fabrics, intricate designs, and attention to detail, drawing inspiration from traditional Indian roots blended with modern aesthetics.
Burnt Toast Burnt Toast is a lifestyle proposition celebrating self-expression and community, where style becomes a shared experience. Targets young dynamic youth with contemporary trends, effortless ease, bold apparel, and statement accessories.
Star Bazaar Star Bazaar stores offer a range of groceries, fresh produce, household items, FMCG, staples, beauty, and home needs. The format operates under a 50:50 joint venture between Trent Limited and Tesco Plc UK with 84 stores.
Booker Wholesale Booker operates cash-and-carry wholesale stores focusing on categories relevant to small businesses including staples, processed foods, confectionery, personal care, home care, soft drinks, and dairy. Serves kirana stores, traders, wholesalers, hotels, restaurants and caterers.
StarQuik StarQuik is Star Bazaar's e-commerce platform focusing on serving food and grocery requirements of customers in Mumbai, Bangalore, Pune, Hyderabad and Ahmedabad through starquik.com.

Quantifiable outcome

Revenue grew from Rs 1,300 crore in FY14 to nearly Rs 20,000 crore in FY26
+7 more outcomes

Companies that use Trent

Customer profile

Named customers1 record

Segments7 records

Ideal customer profiles4 records

Trent technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Trent partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

MAS Amity Pte. Ltd. (Singapore)coreStrategic or Co-development Partner · 22 May 2023Trent MAS Fashion Private Limited is a 50:50 joint venture between Trent and MAS Amity Pte. Ltd., engaged in design, development and manufacture of apparel and apparel-related products including intimate wear in India. MAS Holdings is a leading apparel manufacturer.
Inditex Group (Spain)coreStrategic or Co-development Partner · 1 January 2010Trent holds 20% stake in Inditex Trent Retail India Private Limited (ITRIPL) which operates Zara stores in India. Trent also holds 20% stake in Massimo Dutti India Private Limited which operates Massimo Dutti stores. The partnership brings Spanish fast fashion expertise to Indian consumers.
Tesco Plc UKcoreStrategic or Co-development Partner · 1 July 2008Trent Hypermarket Private Limited is a 50:50 joint venture between Trent and Tesco Plc UK, operating Star Bazaar hypermarket/supermarket concept stores offering FMCG, staples, and comprehensive fresh produce. Tesco provides operational expertise and global best practices in food retail.

Scale indicators11 records

Recent moves12 records

Expansion highlights5 records

Trent competitors and assessment

Company assessment

Direct peers

Aditya Birla Fashion and Retail: ABFRL operates Pantaloons, Louis Philippe, Allen Solly, and other apparel/lifestyle brands across India. Direct peer in fashion retail with comparable multi-format strategy (premium department stores plus value fashion). Closest listed comparable for Trent's apparel-led model.
Avenue Supermarts (DMart): Operates hypermarket and supermarket stores under the DMart brand, with a value-led private-label proposition. Closest direct peer for Trent's Star Bazaar grocery segment, sharing the same value-grocery playbook in Indian cities.
Shoppers Stop: Department-store chain selling premium fashion, beauty, and home products across India. Direct peer to Trent's Westside format with similar mid-to-premium customer positioning, multi-brand assortment, and tier-1 city footprint.
V-Mart Retail: Value-fashion retailer serving Tier-2/Tier-3 Indian cities with apparel, footwear, and accessories. Closest direct peer to Trent's Zudio format given similar price-point positioning and small-town expansion strategy.
Spencer's Retail: Multi-format grocery and lifestyle retailer operating Spencer's hypermarkets and Nature's Basket. Direct peer for Star Bazaar with overlapping assortment of FMCG, fresh produce, and private-label products.
Pantaloons (ABFRL): Value-lifestyle department-store chain owned by Aditya Birla Fashion and Retail. Direct competitor to Trent's Westside in family fashion and lifestyle, with similar nationwide multi-tier-city strategy.
H&M India: Swedish fast-fashion retailer with a growing India store footprint. Direct peer to Zudio and Westside in the fashion apparel segment, with similar value-to-premium positioning across men's, women's, and children's wear.

Broad incumbents

Reliance Retail Ventures: India's largest retailer operating Trends, Smart Bazaar, AJIO, and many other formats. Larger incumbent competing across value fashion, premium lifestyle, and grocery — directly overlapping with Zudio, Westside, and Star Bazaar.
Flipkart (Walmart): India's largest e-commerce marketplace with private-label fashion and grocery offerings. Competes with Trent's online channels (Westside.com, Tata Cliq) and represents the digital-first model that Trent's 6% online penetration must catch up to.

Emerging players

Landmark Group (Max Fashion India): Operates Max Fashion value-fashion chain and Lifestyle department stores across India. Competes with Westside and Zudio in mid-market apparel, with a stronger presence in value fashion comparable to Zudio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Trent financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Trent leadership team

Management profile

Number of profiles

Profiles8 records

Trent subsidiaries and ownership

Company hierarchy

Subsidiaries12 records

Trent funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Trent M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Trent

What does Trent do?

Is Trent a public or private company?

Trent is a public company. It is classified as public and is currently operating.

When was Trent founded?

Trent was founded in 1952. It employs 5,001 to 10,000 people.

Where is Trent based?

Trent is headquartered in Mumbai, India, in the Asia region.

How does Trent make money?

Six revenue lines are on record. Retail Sales - Westside is the primary driver. The others are retail Sales - Zudio, food & Grocery - Star Bazaar, specialty Brands - Utsa, SAMOH, Burnt Toast, zara India Joint Venture and massimo Dutti India Joint Venture.

Who are Trent's main competitors?

Direct peers on record are Aditya Birla Fashion and Retail, Avenue Supermarts (DMart), Shoppers Stop, V-Mart Retail, Spencer's Retail, Pantaloons (ABFRL) and H&M India. Broad incumbents are Reliance Retail Ventures and Flipkart (Walmart). Landmark Group (Max Fashion India) is listed as an emerging player.

Does Trent have an API?

No public API is recorded for Trent.