Mumbai seems to be an especially bleak destination for Luxury malls. Take, Palladium, initially planned as an exclusive luxury mall. Today, it houses premium brands as well, showing how hard it is to fill up a mall with pure luxury brands alone. As …
19: Open up to the “closet customer” — India's new-generation rich — who is driving up sales of luxury brands in the country, according to a CII-IMRB survey. The report says the market for luxury brands is all set to cross the $10-billion mark by the …
Largely overlooked on Southeast Asia's luxury market radar in recent years, Indonesia, given its sheer size, booming economy and double-digit growth in high-end brand sales, is the next big thing, Mrs. Hartono said. “I think companies see that this is …
Increasingly however, pioneering brands have created and profited from the new niche of accessible luxury, or “masstige”, fitting with the aspirations of the increasingly affluent middle classes. On the back of success by players like Coach, many …
With the luxury world weathering the financial downturn better than some might have expected, high-end luxury brands have had the resource to invest in digital innovation and the in-store experience, explains Copestake. Digital innovation leads the way.
He said India could also play a potentially transformational role in the global luxury market and there was great scope to create Indian luxury brands by linking our heritage and cultural crafts. Sanjay Kapoor, chairman of CII Task Force on Luxury and …
This Black Friday, McLean is expanding into retail with the introduction of Thread, a three-day shopping event featuring local brands such as Saint Clair Jewelry and men's suit-maker Hugh & Crye. But, she says, she couldn't have done it without a hip …
The luxury market in India seems to be beating the economic slowdown with double-digit growth. But the fall in the year-on-year growth rate of luxury retail is expected to continue because of high rental costs and the absence of high-street …
Rolls-Royce Motor Cars has been voted the best British brand at a ceremony celebrating the luxury industry. The fashion house Alexander McQueen won the award for the best British brand overseas at the 12th annual Walpole Awards for Excellence.