“We never wanted to be a Zudio.”

Odd thing for Rakesh Biyani to tell The Ken when the Tata-owned fast-fashion retailer’s influence on Style Union is inarguable.

Since 2022, when Rakesh founded Style Union with Ekta Biyani, the value-retail chain has been expanding, adding 180 outlets. In FY25, its revenueMintBiyani's Style Union seeks to raise ₹800 crore as value retail market expands rose two-thirds to Rs 588 crore from a year earlier, while net losses shrank by a third to Rs 24 crore. The company claims that revenue has since doubled........

© The Ken