Affordable fashion brand Zudio is opening its first flagship store, but its second in Noida and is spread over 12,000 square feet spanning two floors.
This is Zudio’s first high-street flagship store in Delhi NCR city located in Sector 49 of Noida, while the first store is located in Great India Place Mall in Sector 38A.
“Zudio sells apparel for men, women and kids, beauty products and loungewear, priced attractively below Rs 1,000,” India Retailing reported.
Trent owned Zudio, which is turning out to be one of the biggest value fashion success stories of India, is expanding aggressively to tap into the goodwill and the buzz it has generated over the years.
The affordable fashion brand plans to open up to 200 stores in fiscal 2024-25. If that happens, Trent will take the total number of Zudio outlets to 650-700 by March 2025.
Tata aims to turn Zudio into a billion-dollar brand in the coming years by targeting a compounded annual growth rate (CAGR) of over 25 percent.
Seven-year-old Zudio has played an important part in Trent’s business in more than doubling its standalone revenue from under Rs 3,500 crore pre-pandemic to Rs 8,000 crore in 2022-23.