Zudio’s journey began as an apparel counter within STAR BAZAR, a supermarket chain by the TATA Group. Launched by Trent in 2016, its first store opened on Bangalore’s Commercial Street. Today, Zudio stands as a remarkable retail success story, boasting 545 stores across 164 cities as of March 2024 and achieving an annual revenue of ?7000 crore.
Secrets Behind the Zudio Success Story
Zudio’s triumph lies in a blend of strategy, efficiency, and consumer focus:
Operational Excellence:
Zudio inherited key learnings from Trent’s Westside brand to perfect its business systems, saving costs and driving efficiency.
A highly efficient supply chain allows Zudio to offer quality products at competitive prices.
Cost-Conscious Operations:
Unlike competitors, Zudio refrains from advertising, reinvesting these savings into the business. This cost-efficient model has reportedly kept the brand profitable from day one.
Targeted Positioning:
Zudio’s focus on younger audiences ensures it stays on top of fashion trends, delivering fresh collections faster than competitors.
The brand’s “AAA Formula”—Accessibility, Affordability, and Appealing Products—resonates deeply with Indian consumers.
Zudio’s rapid rise exemplifies a winning formula in retail, making it a true Zudio success story that continues to inspire the industry.
For the full version of this success story, please view the Podcast.
