Ratan Tata’s half-brother Noel Tata has taken charge as chairman of Tata Trusts. The group’s philanthropic arm is Tata Trusts and it has a stake of 66% in Tata Sons. Noel Tata is not only leading Tata Trusts but he is also chairman of Trent, a retail subsidiary that started operations in 1998.
Trent’s market capitalisation already touched Rs one lakh crore, as per reports published in Economic Times. Noel Tata has a net worth of Rs 12450000000. Noel Tata is heading nine companies and he has also invested in some to which we are going to discuss here.
1- Westside has 232 stores across the country. Westside is a popular fashion and lifestyle brand that caters clothes and accessories in all segments. Tata group had acquired Littlewoods, a British retail brand in 1998 and rebranded in the domestic market. It has become a successful brand under the umbrella of Trent.
2-Zudio is another fashion brand which caters clothing to men, women and children. The brand was launched in 2016 and it has today 545 stores across the nation.
3- Star Bazaar is headed by Noel Tata’s son Neville Tata. Star Bazaar is being operated in partnership with British grocery retailer-Tesco.
4-Misbu is a beauty and accessories brand that caters to millennials and Gen Z.
5- Utsa was launched by Trent in 2019. The brand offers clothing, footwear, beauty and accessories. There are 22 stores of Utsa across the nation.
6- Trent launched Samoh in 2023. It caters ethnic dresses and outfits for Indian occasions. Samoh has assortments of traditional wear that depicts India’s culture and roots.
7- Trent has acquired 51% stake in Booker India which is a cash and carry store for traders for Rs 22 crore, As per Economic Times report.
8-Trent entered a joint venture with Spanish clothing company, Inditex. The company aims to operate Zara in the country.
9- Trent and Inditex are successfully operating three stores of Massimo Dutti in the country. Massimo Dutti is a famous Spanish clothing retailer.
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