After being burnt with the strict COVID-19 policies of China, once every luxury brand's sales paradise, global houses like Louis Vuitton, Gucci, Dior, Cartier are looking at India as their next stomping ground. According to a Bain & Co. report, India's luxury market could be $200 billion by 2030. One could call the glitzy opening of the Jio World Plaza in Mumbai the beginning of new times. These signs were pointing towards a coverage of this prominent trend. Pankti Mehta Kadakia takes us through the nuances of this shift and the must-read stories from the issue
If your luxe label is focussed on just the slim sliver of the HNI market, it may be time to put up the shutters. The smarter merchants of luxury don't have just the HNI in their sights. A bigger opportunity may well be the consumer with HNI-like aspirations. A few of them will turn HNIs themselves, over time
The face of global luxury is getting wiser to the potential of the East. India's luxury market could reach a staggering $200 billion by 2030, growing to 3.5 times its current size, a Bain & Co report says. And there are many triggers for it
After decades of courting wedding goers and fashion seekers, homegrown luxury ethnic wear brands such as Manish Malhotra and House of Masaba are now also wooing large investments. How has corporatisation of the largely unorganised market changed the industry—and is global domination the ultimate goal?
Six continents, nine destinations, a chartered Boeing 757. As the world of luxury travel evolves, companies are stepping up to provide private jet tours that offer guests new and exclusive ways to discover unique destinations and diverse cultures