Tata owned by Tata its growth in revenues, including micro markets, was healthy despite the beginning of the monsoons and geopolitical interruptions, although the fashion portfolio similar to similar growth during the June quarter was in low figure.
Trent entrances increased by 19% to RS 4,883 crores with a 9% increase in net profit to 425 RS in the first quarter. The Ebit margin for the quarter was 11%, unchanged compared to a year ago.
During the quarter, Trent opened only a new Westside shop to bring the count to 248 stores and added 11 Zudi stores to have a count of 766 doors of the brand at the mass price while closing 10 shops Zudio
“We remain focused on the evolution of our differentiated consumption proposal that appeals to a wider audience in different markets. Despite the competitive intensity continues and the provisional trends, we believe that an incrureable attention to being relevant to our customers and the construction of resilience with our choices of the business model, over time they will allow us to offer a significant value”, said notal n limit.The retailer said that his agenda was to guide the scope of the material and the share of revenues through the key markets and the quality of the shop portfolio is evolving and is consciously increasing the density of its presence in such markets. Given the intention to drive the share of revenue in the key markets, it would be appropriate to pursue the growth of revenues through micro comparative markets compared to the performance of the comparative stores, he said
The company is also adding presence in new cities among level 2/3 markets and many of these markets are still emerging in terms of adoption of fashion trends and consumption density.Therefore, the profile of the revenue and the growth trajectory of the shops in the most recent markets may not be completely comparable to those in metropolitan cities.
“We believe that the construction of the density of our presence in the key markets allows us the closeness and the ability to promptly serve our customers. We remain on the good way to build a considerable and scalable pure game directed to customers in the context of the size of the market and opportunities, said that Tata adding that in its business of stars, it continues to apply the Trent Playbook and the contribution of its marks is now trending over 70% of retailers.
