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Luxury

Luxury is the new-found love of the retail sector. The aspirational, cash-rich consumers are the target, and the sector is growing at a rapid pace with international luxury brands setting up their stores. It's a happening sector with a lot more to offer.

Showing 1 - 15 Articles out of 34

New Delhi: ORRA, India’s diamond Jewellery brand forays into the bridal segment with a new line of bridal diamond Jewellery. While weddings have and will continue to be the strongest driver of jewellery sales in the country, ORRA has now taken an aggressive stance towards giving a larger share to bridal diamond jewellery

BY Sharmila Das  |  Jul 06, 2018  |  comments ( 0 )  | 

Anuj Kejriwal, MD & CEO - ANAROCK Retail There is so much talk of the death of brick-and-mortar retail as a consequence of the aggressive advent of e-commerce into the country, when the fact is that shopping malls have just got started in India - and they are definitely here to stay. As developers learn through trial and error

BY Guest author  |  Jun 25, 2018  |  comments ( 0 )  | 

The luxury goods industry has undergone major changes over the past two decades. Varying economic trends, rapid digital transformation and evolving consumer preferences are creating a new competitive landscape which is challenging the traditional corporate strategies.  

BY Shipra Srivastava  |  May 31, 2018  |  comments ( 0 )  | 

There’s quite a buzz over the world about India’s retail luxury market, nevertheless about its deficient 1-2% contribution to the global retail luxury trade. All the important names as Hermes, Fendi, Louboutin, Louis Vuitton, Burberry, Gucci, Jimmy Choo, Chanel have opened their outlets in India. Experts are of the

BY Madhushree Chowdhary  |  Apr 27, 2018  |  comments ( 0 )  | 

The scent of a woman or man makes you want or not…. In the line of young Indian entrepreneurs is now some extremely talented and confident homegrown perfume brands, which are making India smell good and that also for the longest time. “Just as what you eat affects your well being,” believe it or not “what

BY Uttara J Malhotra  |  Jan 23, 2018  |  comments ( 0 )  | 

India has overtaken most countries and is now second to the States when it comes to Luxury Retail segment. The luxury market in India is at a boom and is growing at a fast pace. The spending capacity of people in India has grown at a tremendous rate. Despite the fact that online shopping has become incredibly popular amongst people

BY Guest author  |  Nov 13, 2017  |  comments ( 0 )  | 

When it comes to luxurious movie-watching experience, no group does it better than PVR Director’s Cut. From a top-notch luxury auditorium, soothing recliners, sound quality, wonderful lightings, on-call concierge services, to gourmet in-auditorium food options including the likes of exquisite sushi spreads and premium popcorns,

BY Tanya Krishna  |  Oct 09, 2017  |  comments ( 0 )  | 

When it comes to footwear, being industry specific is not what occurs to consumers at the first go. Yet, the facts underlying the functioning of this essential part when it comes to fashion, is as much market centric as any other branch of business.  So some of the young entrepreneurs talk about the footwear industry and

BY Ankita banerjee  |  Aug 01, 2017  |  comments ( 0 )  | 

Fashion is not constricted by size, gender, skin tone and definitely not by age. There lies no reason to think that our tiny toddlers or our teen battalion has any less inclination to walk in their parents’ footsteps and carry out that Armani or Gucci. Hence the fashion industry has come up with a separate target customer base in

BY Ankita banerjee  |  Jul 31, 2017  |  comments ( 0 )  | 

Crafting iconic products, combined with an elaborate marketing campaign, produce an aura of exclusivity that is designed to sell luxury fashion to the aspirational luxury fashion consumer; Louis Vuitton, Gucci, Prada and Fendi haven’t created their billion dollar businesses on a select few high net worth individuals. These

BY Guest author  |  May 26, 2017  |  comments ( 0 )  | 

In the last decade the Indian luxury market is in the spotlight with global luxury brands showing a growing presence. The current Indian luxury market which is valued at 18.5 Billion USD ( Source : ASSOCHAM) has right potential to reach more than 100 Billion USD in the next 7-8 years. India's growth in Ultra High net worth

BY Shipra Srivastava  |  Mar 14, 2017  |  comments ( 0 )  | 

A lot has been said and researched on the Indian Luxury market and its potential for growth. Many international brands have ventured to tap this market opportunity which is projected to be growing at a CAGR of 20%. While most experts are still debating whether India is ready for luxury in true sense or does it have the potential to

BY Guest author  |  Jan 30, 2017  |  comments ( 0 )  | 

    Back in 2004, when the GMR Group was given the task of developing the Delhi airport, retailers   did not seem too enthused about the prospect of setting up shops in the airport premises and they had to be much coaxed and incentivised.  But things have now changed drastically. Travel retail is no longer

BY Shipra Srivastava  |  Jan 12, 2017  |  comments ( 0 )  | 

Increase of disposable income From last decade, salon industry has registered growth because of the beauty services consumption. These days, consumers are becoming more aspiration driven which has led to evolution of concept of grooming and beauty for both the male and female segment in order to enhance their appearances. The

BY Joyshree Saha  |  Jan 09, 2017  |  comments ( 0 )  | 

India's jewellery market, estimated at $45 billion (or Rs 3 lakh crore), which is 85 per cent unorganised, may see a shift due to demonetisation and introduction of the goods and services tax (GST).  Due to the recent policy change by the government, there is a major pause in the sales of jewellery. Most of the jewelers have

BY Joyshree Saha  |  Dec 26, 2016  |  comments ( 0 )  |