Trent Share Price Rises as Lululemon Partners with Tata CLiQ for India Launch

Trent Share Price Rises as Lululemon Partners with Tata CLiQ for India Launch

Market Performance

The Trent share price continued its upward trend on July 16, gaining 0.7% and trading at Rs 5,430 on the NSE by 10:00 AM.

This marks the second straight day of gains for the company backed by the Tata Group.

  • The stock emerged as one of the top performers on the Nifty.
  • Despite the recent uptick, Trent shares have declined by 25% year to date.

Main News

Trent Ltd's share price received a fresh boost after Canadian athleisure giant Lululemon announced its entry into the Indian market through a partnership with Tata CLiQ.

  • The first physical store is expected in the second half of 2026.
  • Lululemon will offer products through Tata CLiQ Luxury and Tata CLiQ Fashion platforms.
  • The product range includes apparel, footwear, and accessories aimed at activities such as yoga, running, golf, training, and tennis.

This collaboration marks a significant addition to Trent's digital commerce portfolio and is seen as a strategic move to bolster its retail ecosystem.

Company Details

Tata CLiQ is an integral part of Trent's digital strategy and operates under its flagship retail brand, Westside.

  • The platform features over 4,000 fashion brands.
  • It offers access to 1.5 million+ product styles.

In the broader business context, Trent's online segment has been witnessing rapid growth:

  • E-commerce accounted for 6% of Westside's total revenue.
  • The digital segment posted a 41% volume growth in FY25.

Revenue Update

In its June quarter update, Trent reported:

  • Revenue growth of 20% YoY.
  • This growth, however, is slightly below its 5-year CAGR of 35%.

Despite the slower-than-average rise, the positive market response highlights strong investor interest in the company's evolving business strategies.

Summary

Trent's share price gained momentum following the announcement of a high-profile partnership between Lululemon and Tata CLiQ, reinforcing confidence in the company's digital-first approach and retail diversification strategy.

With continued traction in its e-commerce operations and growing brand partnerships, Trent appears poised for further developments in the Indian retail space.

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