New Delhi, June 19 -- Tata group-backed Trent Ltd remains committed to the long-term target of growing 25% annually, focusing on brands such as its value fashion format Zudio, opening stores in micro-markets, and expansion into new categories, the retailer told analysts at its investor day.

Trent aims to remain relevant in the fashion business by using Zudio as its primary growth engine, according to reports by multiple brokerages.

It seeks to operate in categories with repeat consumer purchases instead of chasing metrics like like-for-like (LFL) sales growth, store count growth, and total addressable market (TAM), analysts at Nuvama Institutional Equities said in a report released on Thursday following Trent's 18 June investor day meet...