Changes for page Trent Ltd
Last modified by Wilton Risenhoover on 2023/04/14 01:54
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... ... @@ -9,7 +9,6 @@ 9 9 * Trent’s flagship concept- Westside offers branded fashion apparel, footwear and accessories for women, men and children, along with a range of home furnishings & décor. 10 10 * Westside contributes a majority of the Company’s revenues. 11 11 12 - 13 13 [[image:TRENT0.jpg||height="386" width="687"]] 14 14 15 15 ... ... @@ -70,7 +70,6 @@ 70 70 |(% style="width:245px" %)Utsa|(% style="width:133px" %)4|(% style="width:99px" %)4 71 71 |(% style="width:245px" %)Massimo Dutti|(% style="width:133px" %)3|(% style="width:99px" %)2 72 72 73 - 74 74 == Subsidiaries & Associate == 75 75 76 76 ... ... @@ -141,11 +141,13 @@ 141 141 142 142 Pandemic related restrictions brought about a paradigm shift in consumer behaviour. Consumers staying at home hastened adoption of digital shopping methods. Ubiquitous access to internet at more affordable prices and higher penetration of digital devices are influencing consumer buying behaviour. 143 143 144 -Increasingly, store & online channels are integrating, with consumers leveraging access to compare products, prices, brand offerings and the feedback / opinions of fellow consumers before making their purchase decision. The Indian e-commerce market penetration is expected to increase as total gross merchandise value is expected to grow from US$ 60 bn in 2020 to US$ 99 bn by 2024 4, driven by wider assortment and convenience.142 +Increasingly, store & online channels are integrating, with consumers leveraging access to compare products, prices, brand offerings and the feedback / opinions of fellow consumers before making their purchase decision. The Indian e-commerce market penetration is expected to increase as total gross merchandise value is expected to grow from US$ 60 bn in 2020 to US$ 99 bn by 2024 , driven by wider assortment and convenience. 145 145 146 146 147 147 [[image:TRENT3.jpg]] 148 148 147 +{{putFootnotes/}} 148 + 149 149 = Business Overview = 150 150 151 151 == Westside == ... ... @@ -180,7 +180,7 @@ 180 180 [[image:TRENT5.png]] 181 181 182 182 183 -== =Star ===183 +== Star == 184 184 185 185 Star stores are primarily operated by Trent Hypermarket Private Limited (THPL) - a 50:50 JV between Trent Ltd. & Tesco Plc UK. The portfolio comprises hypermarket and supermarket stores focusing on categories like food and groceries, home care, apparel, home décor, health and beauty products. Current portfolio of 52 stores comprises 43 Star Market stores and 9 Star Hypers primarily concentrated in Bengaluru, Hyderabad, Mumbai and Pune. In addition, Fiora Hypermarket Ltd. (FHL), a subsidiary of Booker India Limited, operates 6 Star Market stores and 2 Star Hypers primarily clustered in Ahmedabad and Surat. 186 186 ... ... @@ -199,7 +199,7 @@ 199 199 The company's exclusive retail brands span more than 450 SKUs and have continued to witness encouraging offtake in FY21. In several sub-categories, its brands rank one or two in terms of sales and hence compete effectively with leading brands in its stores. 200 200 201 201 202 -== =Landmark ===202 +== Landmark == 203 203 204 204 Landmark is an entertainment & leisure concept that offers a striking range of curated lifestyle products including toys, frontlist books, stationery, latest gadgets and sports merchandise. Leveraging the strength of Westside’s backend operations, the format has been able to drive synergies and contain overheads. Landmark portfolio added 2 new stores during the year taking the total count to 6 standalone stores. In addition to standalone stores, Landmark merchandise is also retailed through select 9 Westside locations as a shop-in-shop model. 205 205