New Delhi, Sept. 12 -- Trent Ltd's tapering growth rates have been a sore point for its investors. The recent goods and services tax (GST) overhaul is also not expected to boost growth materially in the near future.

The GST rate on apparel priced between Rs.1,000 and Rs.2,500 has been cut to 5% from 12% earlier. For apparel priced over Rs.2,500, the GST rate has been raised to 18% from 12%. "Westside, which we expect to contribute 35% of Trent's standalone revenues in FY26, will witness GST benefits to an extent, although we expect Trent to pass on the entire GST benefit to consumers," said Kotak Institutional Equities' analysts in a report on 10 September.

Nearly all of Zudio's merchandise is priced below Rs.1,000 per piece, and it wil...