Thanks for your comments. I would like to mention here, I can be wrong – H&M is H&M while Trent is creator of brands/business models. Comparing companies withing India & even abroad is a good exercise. It gives us a perspective but there may sometimes be more to it. Few days back, I read I think in this same thread that Trent would be next Titan. This was again amusing because at that point of time the mcap of Trent was almost equal to Titan. So, it had already become a Titan.
Both Titan & Trent are creators & custodian of multiple brands so its good to compare the mcap & valuations with a pureplay fashion retailer but with a pinch of salt.
Trent is indeed very highly valued but comparison with H&M may not be the ideal way to look at it after seeing what they can do with brands they create from scratch, the main market where they operate and the immense business leadership, acumen & strategy they get being part of the Tata group in their main market.
Disc: Same as above. Not a buy/sell recommendation. Not eligible for any advice.
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