MUMBAI, Oct. 29 -- Trent Ltd is preparing for a leadership transition after nearly three decades under Noel N. Tata, even as the retailer delivered another quarter of double-digit revenue and profit growth, powered by store expansion and demand across its fashion brands.

The company on Thursday appointed Bahram Vakil as chairman, succeeding Tata, who will retire from the role and as a director on 11 November. Vakil is the co-founder and senior partner of law firm AZB & Partners and one of India's leading lawyers in restructuring, insolvency, infrastructure and project finance.

Tata, who has been associated with Trent since 1997, will become chairman emeritus from 12 November, marking the end of a nearly three-decade association with the...