- Trent (Westside)
Trent is the retail arm of the
Tata group . Started in1998 , Trent operates Westside, one of the many growing retail chains inIndia . The foresight of theTata group , which invested in retail relatively early is paying high dividends as retail is one of the booming sectors in India.History
In
1998 Tata sold of their 50% stake in the cosmetic products company Lakmé to HLL for Rs 200 Crore (approx. 45 million US$), and created Trent from the money it made through the sale. All shareholders of Lakmé were given different shares in Trent.Simone Tata , the chairperson of Lakmé, went on to head Trent. The reason behind the sale was that Simone Tata saw a greater growth potential in retail, and believed that it would be much more difficult for an Indian company to release new cosmetic products in a market that had opened up to global companies which could invest more in research.At West side their aim is to regard customer as a most relevant retailer in the worldBusiness
The company has a turnover of Rs. 357.6 crores (FY 2005-2006) and currently operates 22 stores in the major metros and mini metros of India. An international shopping experience, a perception of values, and offering the latest styles, has created a loyal following for Westside's own brand of merchandise.
Westside was named the 'Most Admired Large Format Retail Chain of the Year' by the
Lycra Images Fashion Awards 2005.Westside operates stores in
Mumbai ,Ahmedabad ,Bangalore ,Delhi ,Chennai ,Kolkata , Hyderabad,Pune ,Surat ,Vadodara ,Indore ,Noida ,Gurgaon ,Ghaziabad ,Mysore ,Jaipur ,Lucknow ,Nagpur .Star India Bazaar
Trent also operates the newly launched
hypermarket , Star India Bazaar which is situated inAhmedabad ,Bangalore andMumbai .External links
* [http://www.mywestside.com/ Westside]
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