Trent Share Price in Focus As It Cuts Stakes in Zara, Massimo Dutti to Power Zudio, Westside Growth

Retail major Trent, part of the Tata Group, has cut its stakes in two joint ventures with Spanish fashion giant Inditex, which owns Zara and Massimo Dutti. This was revealed in the company’s FY25 annual report.

• In Inditex Trent Retail India (ITRIPL), which runs Zara in India, Trent reduced its stake from 49% to 39.94% by selling 1.4 lakh shares through a buyback on August 30, 2024.
   
• In Massimo Dutti India (MDIPL), its stake was reduced from 49% to 20% by selling 1.75 lakh shares to Grupo Massimo Dutti on March 25, 2025.

Why the Stake Cut?

According to the annual report, these JVs were financial investments, not strategic ones. Inditex, the majority partner, controlled most decisions like brand ownership and merchandise supply, limiting Trent’s role and returns.

Also, Zara operates only 22 stores in 13 cities in India, and Massimo Dutti has just 3 outlets, showing limited reach.

Focus Shifts to Home Brands

Trent is now focusing on Zudio and Westside, its own fast-growing fashion brands. It operates over 1,000 large-format stores, out of which 765 are Zudio outlets. This shift gives Trent greater control, higher margins, and faster growth.

Noel Tata’s Vision: Accessibility and Growth

Noel Tata, Chairman of Trent, stated that Indian consumers seek stylish, affordable, and readily available fashion. He believes Trent can grow 10 times bigger, and that its revenue has already doubled since his vision two years ago.

About Trent Limited

Trent Limited, a Tata Group company headquartered in Mumbai, is a prominent Indian retail firm established in 1998. It operates several fashion and lifestyle retail brands, including Westside, Zudio, and Utsa. Additionally, Trent manages retail chains like Star Bazaar and Zara in India through joint venture partnerships.

Also Read: Bajaj Finance Set June 16 as Record Date for Stock Split!

Trent Share Price Movement

As of June 13 at 9:31 AM IST, Trent share price is trading at ₹5,531.00, down ₹96.50 or 1.71% for the day. The stock opened at ₹5,505.50, touched a high of ₹5,600.00, and a low of ₹5,505.50 so far today. The stock has traded between a 52-week high of ₹8,345.00 and a 52-week low of ₹4,488.00.

Conclusion

Trent’s move to cut ties with global brands like Zara and Massimo Dutti is a clear signal: it’s going all-in on Zudio and Westside. With rising demand and over 1,000 stores, the company is betting on scale, control, and affordability to fuel its next phase of explosive growth.

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