 "luxury")
India is set to become the hottest destination for global fashion brands, with the potential to emerge as one of the fastest-growing markets in the world by 2025.
According to the McKinsey Fashion Growth Forecasts 2025, retail sales of luxury brands are expected to rise by 15-20 per cent in 2025 compared to the previous year — well ahead of the US (3-5 per cent), Europe (1-3 per cent), and China (0 to minus 3 per cent).
This trend is also expected to be mirrored in the non-luxury fashion sector, where retail sales are projected to grow by 12-17 per
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