Tata Trent, one of India’s leading & branded retailers, is aiming to increase the supply of its fast-fashion chain and launch its own Indian Zara, a cheaper fashion chain at half the price.
Trent was established in 1998 by the Tata Group and today ranks among the leading retail industries in India. Trent’s consistent emphasis on the inspirational trendy & multi-channel approach to sales is the reason why it is swaying the journey of success.[sc name=”yuvaaninarticle”] [sc name=”yuvaaninarticlenew”]
According to TATA ‘The middle class is increasing, incomes have risen, Indians are traveling more and they have more money to invest. As Indians embrace more organized life with better services, TATA’s decision to set up cheaper stores based on ZARA’s business model is a giant leap towards improving consumer service.
Behind the idea!
The theory is the outcome of both analyses, study, and skills. Analysts behind this innovative initiative have described people’s evolving and grooming fashion habits as a result of expanded access to the internet, smartphones, and numerous fashion blogs. People are familiar with every style now, and they want to test out a new fashion now and then. TATA has come out to appeal to these ever-growing consumers with more than they expect.[sc name=”yuvaaninarticle”] [sc name=”yuvaaninarticlenew”]
What’s in it for TATA?
TATA Trent is best suited to consumers because it offers more value proposition as reported by TATA. The legendary design retailer Trent, which recruits staff who appreciate design, can select the newest trends and add 300 new designs to its stores every week. It spends 65 percent more on workers per square foot than their Indian counterparts.
Also, analysts reporting on Trent’s stock consider buying it. The stock has risen 13 percent this year relative to other Indian fashion retail chains. As space to set up new stores poses a challenge in crowded cities, and rivalry with local competitors, TATA is looking at all these problems with one approach, and that is the pattern. To make that so, that aims to make the fast-fashion supply chain much quicker.[sc name=”yuvaaninarticle”]
What’s in it for customers?
The new models and patterns at an affordable price! The cost has always been a key factor in any kind of consumer shopping, especially in India. But as they improve their standard of life and concentrate more on increasing the quality of facilities, goods, and more, they are happy to pay. TATA has come up with this venture to surpass consumer needs by valuing the customer’s money invested in any outfit. They aspire to wear the best clothing, and TATA Trent is on it to make that real.
In the end…
TATA unfolded its concept saying that its stores would have no clothes costing more than $15, and this is commendable when it comes to the well-known brands marketing their goods without paying any attention to the prices.
Indian ZARA is in making, and we can’t wait for it, as high fashion is now affordable at a low cost. What might have been better than this![sc name=”yuvaaninarticle”]