Disciplined Store Expansion: Westside has scaled to 300 stores across 97 cities, with FY26 additions of 60 stores offset by 8 closures. The 20,00030,000 sq. ft. store format and micro-market optimisation should support improving store productivity. Margin Expansion Despite Value Pricing: Fashion portfolio operating EBIT margin improved from 7.8% in FY22 to 11.9% in FY26, despite gross-margin compression, supported by operating leverage and lower shrinkage. New categories are scaling rapidly, with beauty, innerwear and footwear contributing >21% of revenue. Zudio - Core Growth Engine: Zudio has expanded from 233 stores in FY22 to 982...