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Stop, Thief! Retail in a Spot as Customers go Big on Stocktaking

VCs chase a pot of gold as India s growing affluent class goes premium

Growth gets thinner for Zara as competition grows in size, Retail News, ET Retail

Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand s rate of expansion had come down in the past few years. "The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines," P Venkatesalu, chief executive officer at Trent, said in the report.

Growth gets thinner for Zara as competition grows in size

Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand s rate of expansion had come down in the past few years. "The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines," P Venkatesalu, chief executive officer at Trent, said in the report.

Reliance exploring deal to bring British retailer Primark to India, says report

The 55-year-old Primark brand, known for its affordably priced clothing and shoes, has been assessing the Indian market for several years and might collaborate with Reliance through a joint venture or licensing agreement, as per sources

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