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The Noel Tata interview: Why Trent boss thinks selling apparel online is hard

LivemintLivemint · 1y ago
The Noel Tata interview: Why Trent boss thinks selling apparel online is hard
Medial

The Tata Group's retail subsidiary, Trent Ltd, is experiencing rapid growth in its apparel retail chains, Westside and Zudio. The company, chaired by Noel Tata, has seen increased profitability and market capitalization, with plans to further expand its grocery retail vertical, Star Bazaar. Trent's success is attributed to its focus on customer proposition and service, as well as its expertise in developing private label brands. Despite challenges faced during the COVID-19 pandemic, Trent has continued to invest in new properties and remains committed to organic growth rather than acquisitions. The company aims to tap into the potential of India's retail market and is optimistic about its future prospects.

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Tata Trusts meeting today: Decision about successor on agenda, Noel Tata most likely heir to Ratan Tata, say reports | Mint

LivemintLivemint · 10m ago
Tata Trusts meeting today: Decision about successor on agenda, Noel Tata most likely heir to Ratan Tata, say reports | Mint
Medial

- Noel Tata is emerging as the front-runner to be the successor of Ratan Tata in the Tata Group. - The Tata Trusts meeting will discuss the succession plans of the $165 billion empire. - Ratan Tata's half-brother Noel Tata is the likely choice for the successor position, according to sources. - Mehli Mistry may be appointed as a Permanent Trustee on the Tata board. - Noel Tata is the chairman of Trent, the group's apparel retailer, and has been successful in expanding the company's store count and workforce. - Noel Tata has held executive positions in several Tata companies, including Titan Company and Tata Steel, and is a trustee on the Sir Dorabjee and Sir Ratan Tata Trusts.

Who is Noel Tata? Meet Ratan Tata’s half-brother—the dominant frontrunner to helm Tata Trusts | Mint

LivemintLivemint · 10m ago
Who is Noel Tata? Meet Ratan Tata’s half-brother—the dominant frontrunner to helm Tata Trusts | Mint
Medial

- Ratan Tata, patriarch of the Tata Group, passed away, leaving the conglomerate with the task of selecting his successor. - Tata Trusts, which owns a majority stake in Tata Sons, the holding company of the Tata Group, controls the conglomerate. - The final rites of Ratan Tata were conducted with full state honors, with the presence of family members and top Tata Group executives. - Noel Tata, Ratan Tata's half-brother, is the frontrunner to succeed him and has been a key figure in the governance of the trusts. - Noel Tata has been chairman of Trent Ltd, a successful apparel retailer under the Tata Group, and has held various positions within the group. - Noel Tata's children are also trustees of some family-linked charities associated with Tata Trusts.

Noel Tata to succeed Ratan Tata, unanimously appointed Chairman of Tata Trusts

InternetInternet · 10m ago
Noel Tata to succeed Ratan Tata, unanimously appointed Chairman of Tata Trusts
Medial

- Noel Tata has been unanimously appointed as the Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away on October 9, 2024. The decision was made during a board meeting in Mumbai. - Tata Trusts holds a controlling 66% stake in Tata Sons, making its leadership crucial for the governance of the Tata Group. The board's decision aligns with Ratan Tata's philosophy of ensuring continuity in leadership. - With over 40 years in the Tata Group, Noel Tata has served in various capacities, including Managing Director of Trent, where he significantly expanded the company's retail presence. - Unlike Ratan Tata's public-facing approach, Noel is known for his calm, understated leadership, focusing on steady business growth and long-term vision. - Noel Tata graduated from Sussex University and completed the International Executive Programme at INSEAD. His extensive experience and strong family ties to the Tata Group position him well for his new role.

Dopplr raises $750K from Cornerstone Ventures

EntrackrEntrackr · 1y ago
Dopplr raises $750K from Cornerstone Ventures
Medial

Dopplr, a provider of virtual try-on solutions for apparel brands selling online, has raised $750,000 in funding led by Cornerstone Ventures , with participation from U.S-based BAT VC. The proceeds will be used to ramp up Dopplr’s operations across a wider range of apparel categories, including sportswear, lifestyle, and innerwear brands. Founded in 2020, Dopplr’s innovative virtual try-on technology empowers online apparel brands to offer a photorealistic 3D experience for their customers. It allows shoppers to create digital twins, determine their ideal size for each product, and visualise how the clothes would appear on their own bodies. This personalised approach also generates valuable behaviour data that captures detailed customer shopping habits online. Using this data, Dopplr empowers brands to make informed decisions and personalise the shopping experience for their customers.

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