QC is the Secret to myTrident's 400% Growth!
Retailer|October - December 2024
With an ambitious goal to double its revenue to over Rs 1,000 crores in the next three years, the brand is strategically focusing on increasing retail presence and penetrating new markets, especially in the southern and eastern regions.
ARITRA GHOSH
QC is the Secret to myTrident's 400% Growth!

Trident, a brand known for its quality home textiles, is on a mission to become a household name across India. Under the leadership of Rajneesh Bhatia, CEO of myTrident, the brand has embarked on an ambitious journey to double its revenue to over Rs 1,000 crores within the next three years. “We are targeting a significant growth trajectory in the coming months, with a focus on penetrating new markets and strengthening our foothold in existing ones. Our vision is, ‘ghar ghar mein myTrident,’ and we want to penetrate pan India with myTrident products,” says Rajneesh Bhatia.

A National Footprint

The retail landscape for myTrident is rapidly evolving. The brand has grown from being available in 3,500 outlets to over 5,000 outlets within a year. However, the brand’s ambitions don’t stop there. myTrident aims to be present in 9,000 stores by 2025, with a significant focus on expanding into the southern and eastern parts of the country.

“We want to ensure that every consumer, whether they are looking for a towel at Rs 199 or Rs 3,000, can find a myTrident product that suits their needs,” says Bhatia.

To achieve this, myTrident is diversifying its presence across various retail segments, including general trade, modern trade, multibrand outlets, large-format stores, and hyper stores. This multi-pronged approach ensures that the brand caters to a wide range of consumers, from those seeking affordable luxury to those looking for premium products.

"We aim to grow at 40 percent, doubling our revenues and increasing our market share”, said Neha Gupta Bector, Chairperson, myTrident.

This story is from the October - December 2024 edition of Retailer.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the October - December 2024 edition of Retailer.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM RETAILERView All
The AI-Powered Future
Retailer

The AI-Powered Future

In the rapidly evolving world of commerce, where digital transformation has become the cornerstone of success, the role of artificial intelligence (AI) stands out as a game-changer.

time-read
3 mins  |
October - December 2024
D2C's King: Vivek Biyani
Retailer

D2C's King: Vivek Biyani

How Biyani is taking experiential commerce to newer levels and giving digital first brands prime spot on retail shelves with Broadway.

time-read
1 min  |
October - December 2024
Chef Adwait Anantwar's Flavor Magic at INJA
Retailer

Chef Adwait Anantwar's Flavor Magic at INJA

In an exclusive interaction, Chef Adwait Anantwar, Chef Partner at the popular restaurant INJA by Atelier House Hospitality, discusses how he brings uniqueness and creativity to his culinary creations.

time-read
3 mins  |
October - December 2024
QC is the Secret to myTrident's 400% Growth!
Retailer

QC is the Secret to myTrident's 400% Growth!

With an ambitious goal to double its revenue to over Rs 1,000 crores in the next three years, the brand is strategically focusing on increasing retail presence and penetrating new markets, especially in the southern and eastern regions.

time-read
3 mins  |
October - December 2024
How GIVA's Fine Jewelry Empire is Growing at 100% YoY
Retailer

How GIVA's Fine Jewelry Empire is Growing at 100% YoY

GIVA eyes 300 stores in 2 years and Rs 1500 cr revenue in 5 years!

time-read
4 mins  |
October - December 2024
SPEED MEETS STYLE
Retailer

SPEED MEETS STYLE

With the rise of platforms like Blinkit and Zepto, fashion brands are seeing quick commerce not just as a delivery mechanism, but as a critical part of their retail strategies

time-read
3 mins  |
October - December 2024
Indian Origin D2C Brands Make Mark in Global Markets
Retailer

Indian Origin D2C Brands Make Mark in Global Markets

For many Indian brands, the motivation to expand internationally stems from a desire to share India's unique offerings with the world.

time-read
3 mins  |
October - December 2024
TOP MARKETING TRENDS 2024
Retailer

TOP MARKETING TRENDS 2024

In today's fast-paced world, the right marketing approach isn't just crucial for staying afloat-it's the driving force behind brand reinvention and expansion. Ready to discover the secret sauce of three giant retail brands in India? Let's dive into the strategies that are making them the trendsetters of the year.

time-read
7 mins  |
October - December 2024
How India's Pet Care Industry is Raising the Woof!
Retailer

How India's Pet Care Industry is Raising the Woof!

India's pet care industry is on a rapid ascent, projected to reach $350 billion by 2027, as rising pet ownership and pet \"humanization\" drive demand for premium products, specialized services, and innovative, pet-focused retail experiences.

time-read
2 mins  |
October - December 2024
AB's Crown Jewel!
Retailer

AB's Crown Jewel!

Aditya Birla's Indriya launches 8 stores in 8 weeks, aims to conquer India's Rs 6.7 lakh crore jewelry retail market

time-read
4 mins  |
October - December 2024