Trent Q1FY27 Business Review: More stores, less per store
Trent grew revenue 19% in Q1FY27, but its store-level productivity fell 12.2%. We break down what's driving the gap: Zudio's aggressive expansion into Tier -2 and Tier-3 cities; rising competition from Yousta, Style Up, and InTune, store cannibalization, and a leadership transition at the top. Is the growth story intact, or is the model starting to strain?
The skinny
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