Luxury Market

Bulgari is expanding its footprint in India to take advantage of strong growth and favorable demographics, Bulgari Chief Executive Officer Jean-Christophe Babin said

The state government recently presented a draft of the new tourism policy and invited suggestions from the industry. Almost all stakeholders have given their inputs

Luxury hotel chain Novotel on Thursday said it has introduced a range of electric vehicles in its fleet to reduce carbon footprint, the first such move by any hospitality group in Northeast. Announcing the development, the company in a statement said that it will double the fleet of electric vehicles at its Guwahati property in the coming months. "Marking first of its own kind initiative by any 5-star property in Northeast India, Novotel Guwahati recently introduced two electric cars, marking a significant step in their commitment to reducing carbon footprint and promoting eco-friendly transportation," it added. The move was a part of the company's ongoing sustainability initiative aimed at supporting both the environment and the local community, the release said. In the spirit of continuous improvement, Novotel plans to expand its EV fleet with two more electric vehicles in the near future, it added. Commenting on the development, Novotel Guwahati general manager Manmeet Singh sa

It allows artists to express various themes without being confined to a single medium

Organising a private wine-tasting event in Tuscany or a coaching class with an international sport champion: Wealthy clients have a demanding wish list

The elite in the Land of the Dragon are refraining from ostentatious purchases, putting the nation's luxury market under strain

The industry provides jobs and helps manufacturing as the economy reaches an aspirational phase, they say at Business Standard summit

Deloitte's Global Powers of Luxury Goods rankings 2023 featured six Indian brands on the list of top 100 luxury goods makers globally

In addition, with the growing influence of Western fashion trends and the rise of disposable income, consumers are looking at buying exclusive pieces easily available

The DS group also has brands like Swiss luxury chocolate Laderach, childrenswear store Les Petis, and premium grocery and retail store Le Marche

As China's economic engine falters, luxury brands are hoping that India's steady growth will lead to increased demand for their products

They are the third space, 'away from home and office': CEO of The Quorum

India imported Rs 1,722.88 crore worth of Swiss watches in 2022. This is nearly 20% more than in 2021

Nearly half of Indian consumers said rising prices remain the biggest issue when shopping in-store

Dior's not new at showcasing its collections at untapped locations with iconic architecture serving as backdrop to its runways

Lamborghini has already received orders for 100 cars in India in less than two months

China, which is also an important market for luxury brands, has been impacted due to Covid-induced lockdowns over the past two years

From LV and Cartier to Cannes, the actor has had a sizeable brand presence this year

Partnership will offer international brands in apparel, accessories, and footwear