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Tag: Trent

  • Tata’s Trent serves Burnt Toast fresh as fashion for India’s bold youth

    Tata’s Trent serves Burnt Toast fresh as fashion for India’s bold youth

    MUMBAI: Fashion just got toasted and in the best way possible. Tata Group’s Trent Ltd. has launched Burnt Toast, a youth-first fashion label that’s less about fitting in and more about standing out. With its edgy name and vibrant catalogue of apparel, footwear, and accessories, the brand is baking in affordability, creativity, and a dash of rebellion for India’s digital-first generation.

    After making its debut with stores in Bangalore, Thane, and Surat, Burnt Toast is now setting its sights on expanding across more Indian cities. Designed for creators, trendsetters, and the scroll-happy youth, the brand is positioning itself as a community as much as a fashion line, a place where self-expression isn’t optional, it’s the whole point.

    The collection serves up a buffet of playful silhouettes, bold prints, and statement pieces that could just as easily double as wearable art. Whether it’s vibrant tees that pop on Instagram grids or footwear that walks the fine line between comfort and cool, the aesthetic is deliberately unafraid.

    “Burnt Toast is more than just a fashion brand; it is a dynamic lifestyle and a vibrant community crafted to empower India’s expressive youth,” said Trent Ltd managing director P. Venkatesalu. He added that the goal is to make global fashion accessible while fuelling individuality and shared identity.

    With Gen Z and millennials driving India’s fashion market, estimated at over 100 billion dollars, Trent’s youth-focused pivot is as strategic as it is stylish. Burnt Toast joins Trent’s existing retail portfolio which includes Westside and Zudio but carves a niche aimed at energy, confidence, and individuality.

    For a generation allergic to cookie-cutter clothing, Burnt Toast is serving something hotter, crunchier, and unapologetically fresh.

  • Q2-2015: Reliance Retail juggernaut grows 20 per cent y-o-y

    Q2-2015: Reliance Retail juggernaut grows 20 per cent y-o-y

    BENGALURU:  The Mukesh Ambani led Reliance Industries Limited (RIL) announced its Q2-2015 results on 13 October reporting a y-o-y  de-growth of 4.3 per cent in consolidated turnover to Rs 1,13,396 crore in Q2-2015 from Rs 1,18,439 crore in Q2-2014, and a growth of 5.1 per cent versus the immediate trailing quarter Q1-2015 turnover of Rs 1,07,905 crore. During HY-2015, the company’s revenue grew just 1 per cent to Rs 2,21,301 crore from Rs 2,19,054 crore in HY-2014.
     
    The company’s organised retail segment contribution to RIL’s turnover grew from 2.93 per cent (Rs 3470 crore) in Q2-2014 to 3.67 per cent (Rs 4167 crore) in Q2-2015, registering a 20.1 per cent growth y-o-y. In Q1-2015, RIL’s retail segment contributed 3.71 per cent (Rs 3999 crore) to the company’s turnover registering a 4.1 per cent growth q-o-q.  In FY-2014, the segment had reported revenue of Rs 14,566 crore or 2.69 per cent of RIL’s turnover of Rs 5,41,599 crore. A Reliance earnings release for Q2-2014 says reports EBDIT figures for its retail segment at Rs 186 crore, recording a y-o-y EBDIT growth of 96 per cent.

    This quarter, the company’s overall operational outlet count crossed 2000 with a presence in 155 cities of the country.  Some of the store formats under Reliance Retail Brands include Reliance Retail, Reliance Market, Reliance Fresh, Reliance Digital, Reliance Trends, Reliance Footprint and Reliance Jewels.

     

    In the overall context of RIL numbers, its retail segment figures may seem small, but how many companies can boast of annual revenues of about Rs 15,000 crore plus, that the segment must cross this fiscal? Not too many.

     

    According to an Economic Times report, in comparison, Tata group’s retail divisions, including Titan, Croma, Trent and Landmark, had revenue of about Rs 17,000 crore. Kishore Biyani’s Future Retail had revenue of Rs 11,336 crore in fiscal 2014.

     

    India’s retail industry has been pegged at a quarter of India’s gross domestic product (GDP) about $525 million or Rs 31.5 lakh crore and is expected to double over the next five years leading to 2020. There is more than enough scope for the company’s organised retail segment to grow and contribute in a big way to RIL’s numbers over the next few years.

     

     

    Click here for the financial statement