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Trent, a fashion retailer, has seen its stock price tumble 37% since mid-October, following a strong first half in FY25. Despite this, analysts remain optimistic about the company’s growth, store expansion, and consistent consumer demand. Trent’s success in the fast fashion segment, particularly with its Zudio brand, has been driven by its end-to-end in-house ecosystem and franchisee-owned company-operated (FOCO) model. As the Indian fast fashion industry is expected to grow to $50 billion by FY31, Trent is well-positioned to benefit from this trend.