Branch2 Intelligence
Is Westside The New Zudio? Bernstein Maps Trent's Expansion Sprint, Cuts Target By 30%
Key takeaway
Bernstein cuts Trent target to Rs 3,500 but maintains Outperform; Westside guides 50 new stores per year, surprising positively.
- Step 11st-order: Bernstein cuts Trent target to Rs 3,500 but Outperform; Westside guides 50 new stores per year.
- Step 22nd-order: Westside's aggressive store expansion increases demand for retail space, fit-out services, and inventory.
- Step 33rd-order: Competitors like Shoppers Stop and Aditya Birla Fashion may respond with their own expansion plans, intensifying competition in value-fashion.
Source: IN:NDTV Profit
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