Noel Tata has been appointed Chairman of Tata TrustThe philanthropic arm of the Tata Group, which holds 66 percent stake in Tata Sons, the group’s holding company. 67 year old entrepreneur has become successful Ratan TataHis late half-brother and renowned industrialist, who passed away on October 9, 2024.
Noel Tata is also its chairman TrentThe retail subsidiary of the Tata Group, which was launched in 1998. Under the leadership of the billionaire businessman, Trent’s market capitalization reached Rs 1 lakh crore. Economic TimesScroll down to know about the popular brands owned by Noel Tata under Trent…
Noel Tata, half brother of Ratan Tata and chairman of Tata Trust, has a net worth of Rs 1,245 crore. Here are 9 companies he owns and others he has invested his money in
1. Westside
to the westA popular fashion and lifestyle brand, was Trent’s first venture and his biggest success story to date. In 1998, Tata acquired Littlewoods, a British retail chain, and rebranded it as Westside. Westside has 232 stores across India.
2. Zoodio
Zoodio is a value fashion brand for men, women and children. Launched in 2016, Zudio has 545 stores across India and has quickly become one of the largest apparel retailers in the country.
3. Star Bazaar
Star Bazaar is the hypermarket arm of Trent, currently headed by Noel Tata, son of Tata and scion of the Tata Group. Neville TataIn 2014, British grocery retailer Tesco entered into a 50:50 partnership with Trent to become co-owner of Star Bazaar for £85 million (approximately Rs 932 crore). business standard,
4. Misbu
Following the COVID-19 outbreak, Trent relaunched Landmark Bookstores as Missboo, a beauty and accessories brand. The company’s target audience is Millennials and Gen Z.
5. Excitement
In 2019, Trent launched Utsa, which offers contemporary ethnic apparel, footwear, beauty and accessories. Utsa has 22 stores across India.
6. Somoh
In 2023, Trent launched the Indian occasion-wear brand, Samoh. Samoh’s collection takes inspiration from traditional roots and combines it with modern aesthetics.
7. Booker India
Trent acquired 51 per cent stake in Booker India, a cash and carry store for businesses and merchants, for Rs 22 crore. Economic TimesTesco holds the other 49 per cent stake in Booker India, which has eight stores across India.
8. Zara
In 2014, Trent partnered with Inditex, a Spanish textile company, to operate Zara in India. Zara is a popular fast-fashion retail chain with 23 stores across India.
9. Massimo Dutti
Continuing its fruitful partnership with Inditex, Trent also operates three Massimo Dutti stores in India. Massimo Dutti is a well-known Spanish premium apparel retailer.