Trending: Every 3 Days Zudio Opened 1 New Store, Overtakes Westside
Zudio, the affordable fashion brand under the Tata umbrella, has taken the retail world by storm, surpassing its sister brand Westside in store count. Aditya Kondawar, Partner and Vice President at Complete Circle, highlighted Zudio’s meteoric rise, noting that it has expanded at an extraordinary pace.
In Q1FY21, Westside had 163 stores while Zudio operated only 80. Fast forward to today, Zudio boasts an impressive 559 stores, while Westside lags behind with just 228. Over the last 16 quarters, Zudio opened 470 stores, averaging one new outlet every three days, compared to Westside’s 148.
Kondawar shared these insights, supported by a Kotak Institutional Equities report, which highlights the stark difference in growth trajectories between the two brands.
The rise of Zudio –
Westside had 163 stores in Q1FY21 and Zudio had 80 Stores
Today Zudio has 559 Stores and Westside has just 228!
470 stores added by Zudio in 16 qtrs, 148 by Westside
Every 3 days Zudio opened 1 new store! pic.twitter.com/VAqphLqnfB
— Aditya Kondawar (@aditya_kondawar) August 28, 2024
Westside is a retail fashion brand in India owned by the Tata Group’s retail arm, Trent Ltd. It offers a wide range of clothing, accessories, footwear, and home decor items. Westside is known for its contemporary fashion, catering to men, women, and children. The brand operates under the mid-range fashion segment, primarily focusing on providing stylish yet affordable apparel for Indian consumers.
Zudio is a budget-friendly fashion brand in India, owned by the Tata Group’s retail arm, Trent Ltd., which also owns Westside. Launched to cater to the growing demand for affordable, trendy clothing, Zudio offers a range of products including apparel, footwear, and accessories for men, women, and children. The brand is known for its low-cost offerings, making fashionable clothing accessible to a broader audience in India.
