Zudio to open 200 stores next fiscal

Tata Group-owned affordable fashion brand Zudio plans to open up to 200 stores in the coming fiscal year.

The brand sells apparel for men, women and kids, beauty products and loungewear, priced attractively below Rs 1,000.

The brand has already opened over 100 stores in India in the current fiscal year and plans to take its total store count to nearly 500 by March 2034. In fiscal 2024-25, it plans to add around 150-200 stores.

Playing an important role in Trent’s business, Seven-year-old Zudio has helped the company more than double its standalone revenue from under Rs 3,500 crore pre-pandemic to Rs 8,000 crore in 2022-23, catapulting the retail arm’s market cap to more than $5 billion.

A retail venture of the Tata Group, Trent also operates the Westside department store chain and Landmark bookstores. The company also has two joint ventures with Spain’s Inditex SA to run Zara and Massimo Dutti labels in India.