Good news for Noel Tata, this company shares rises as Canada’s Lululemon picks Tata’s…, for debut in…

Shares of Tata Group’s retail arm Trent Ltd gained over 1% on July 16, it is a second consecutive session of gains. Canadian athleisure brand Lululemon announced its entry into the Indian market through a partnership with Tata CLiQ. Trent was among the top performers on the Nifty index.

Lululemon Partners With Tata CLiQ

Lululemon will launch its first physical store in India in the second half of 2026 with the help of Tata CLiQ Luxury and Tata CLiQ Fashion for its online presence. The brand will offer its range of high-performance apparel, footwear, and accessories for different activities like yoga, running, training, tennis, and golf.

Tata CLiQ, part of Trent’s growing digital commerce platform, currently offers more than 4,000 fashion brands and over 15 lakh product styles. It operates under Westside which is Trent’s flagship retail brand.

The collaboration is announced after rising traction in Trent’s online business. According to HDFC Securities, e-commerce contributed 6% to Westside’s revenues, with volume growth of 41% in FY25.

Trent Q1 Results

In its Q1 update, Trent reported a 20% year-on-year revenue growth, lower than its five-year CAGR of 35%. However, Bernstein maintained its outperform rating, stating that the long-term growth story remains strong for the company and the recent quarterly growth should not be seen as a new benchmark.

As of 10:00 am, Trent shares were trading at Rs 5,430, up 0.7% from the previous close on the NSE. But at 3.30 PM during market closure Trent Shares went down to Rs 5382. Despite the recent uptick, the stock is still down 25% year-to-date.

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