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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