Trent Ltd. Shares Drop 6%: How Shein’s Reliance Relaunch Sparks Market Jitters
Trent Ltd.’s stock fell 6% on February 4, making it the worst Nifty 50 performer, amid fears over Shein’s Reliance-backed re-entry into India. Analysts worry Shein’s aggressive pricing could impact Trent’s Zudio brand. This article explores Shein’s impact and Trent’s market position.