Trent's Retail Growth Slows, Shares Dip Amid Inflation Woes

As of October 7th, 2025, Indian clothing retailer Trent has reported a slowdown in its recent growth trajectory. The company's second-quarter standalone revenue rose by 17%, marking its slowest increase since the March 2021 quarter and falling well short of its near-term target of 25%.

The news has impacted Trent's stock performance, with shares falling as much as 2% after the update before closing 0.8% lower. This slowdown in revenue growth has fueled concerns among analysts that the company's operating performance may be on the decline, as middle-class shoppers feel the pinch of higher living costs, leading to muted sales growth.

Trent, the owner of the Westside and Zudio brands, has in recent years focused on its Zudio brand, which caters to young adults who regularly open their wallets for trendy but affordable styles. This strategy has yielded a compounded annual revenue growth rate of more than 35% in the past five years, leading to a more-than five-fold rise in Trent's stock value from 2023 to 2024 and its inclusion in the benchmark Nifty 50 index last year.