Articles for Luxury Market

The key to unlocking India's luxury market
1 month ago

The key to unlocking India's luxury market

Live Mint  

The Indian luxury market, one of the world’s fastest growing, is a key target for both homegrown and international brands looking to increase their market share in the coming new year. “India has always been a value-driven market," says Edward Lalrempuia, a fashion stylist who works with some of the country’s leading fashion and beauty brands. Amit Aggarwal, one of …

Fashion Indian Price Value Need Brands Aggarwal
The global luxury goods market is forecast to shrink in 2025. Trump’s tariffs could make it worse
1 month, 1 week ago

The global luxury goods market is forecast to shrink in 2025. Trump’s tariffs could make it worse

Associated Press  

MILAN — Global sales of personal luxury goods are forecast to shrink in 2025 for the first time since the Great Recession, according to a Bain consultancy study released Wednesday. “European brands could end up being super expensive in an already expensive environment.’' Trump has pledged tariffs of up to 20% on imports, saying it would create factory jobs, shrink …

Europe Luxury Goods Luxury Market
Luxury shopping over extended holiday heating up
10 months, 2 weeks ago

Luxury shopping over extended holiday heating up

China Daily  

People choose products in a duty-free shop in Haikou, South China's Hainan province on Jan 26, 2023. Several interesting trends and phenomena are emerging related to some of this year's luxury and consumer brand designs amid the highly lucrative Chinese New Year shopping season. For example, the Burberry Chinese New Year series, including turtleneck sweaters sporting houndstooth patterns, is considered …

Chinese New Year Brand Chinese Zhang Dragon Burberry Chinese Culture
Belgian luxury handbags brand says 'committed' to huge China market
11 months ago

Belgian luxury handbags brand says 'committed' to huge China market

China Daily  

Belgian luxury handbags brand Delvaux said it is confident about demand in China, a key market that it entered 10 years ago, and is committed to the country, where consumers are increasingly buying quality products. Driven by a huge consumption market, international luxury brands have debuted limited editions of new products with dragon elements tailored for China ahead of the …

Brand Chinese Elements Dragon Luxury Brands Spring Festival Luxury Market
Time right for Breitling to expand in China market, CEO says
1 year, 5 months ago

Time right for Breitling to expand in China market, CEO says

China Daily  

Georges Kern, CEO of Breitling Swiss independent watchmaker Breitling aims to open more than 20 new boutiques in the Chinese market, said Georges Kern, CEO of Breitling, after announcing new brand ambassadors, Yang Ying and Huang Jingyu in Shanghai last month. Kern pointed out that the Chinese market boasted a significant young consumer base, with Generation Z emerging as the …

China Market Chinese Swiss Breitling
BMW bullish on expanding Indian luxury market
1 year, 10 months ago

BMW bullish on expanding Indian luxury market

Deccan Chronicle  

BMW, India's second largest German luxury car maker, is targeting strong double digit growth this year, including its electric cars, for which it has lined up over 16 new car launches this calendar year in Asia's third biggest economy. Despite challenges of global headwinds like recession, supply chain disruption amidst Russia-Ukraine war, the resilient Indian economy would continue to boost …

India Cars Car Bmw Luxury Market
Why global luxury market is growing despite war, inflation
2 years, 6 months ago

Why global luxury market is growing despite war, inflation

Live Mint  

Neither inflation nor the war in Ukraine are threatening to take a bite out of the luxury fashion market, according to a study published on Tuesday. While much of the world is fretting over higher fuel and energy prices, the study by Bain & Company consultancy indicated that the global luxury market remains set for growth, largely due to the …

Personal Luxury Global Luxury Market
Study: US shoppers outspend Chinese to restore luxury market
3 years, 1 month ago

Study: US shoppers outspend Chinese to restore luxury market

Associated Press  

MILAN — The personal luxury market of high-end accessories, leather goods and apparel has snapped back to pre-pandemic levels as U.S. shoppers outspent those in China in pursuit of the latest fashion trends, according to a study released Thursday by the Bain consultancy. Global consumer spending on personal luxury goods, including the latest sneaker trend or design collaboration, is forecast …

Luxury Pandemic Spending Chinese Bain 2019 Levels Luxury Market
Study: US shoppers outspend Chinese to restore luxury market
3 years, 1 month ago

Study: US shoppers outspend Chinese to restore luxury market

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The personal luxury market of …

Luxury Pandemic Spending Chinese Bain 2019 Levels Luxury Market
Luxury brands eye Chinese Valentine's Day
3 years, 4 months ago

Luxury brands eye Chinese Valentine's Day

China Daily  

By ZHU WENQIAN | China Daily | Updated: Aug 12, 2021 A young woman takes a selfie with her friends on a colorful pedestrian crossing in Hangzhou, Zhejiang province, on Tuesday. Foreign firms pin hopes on market as consumer confidence recovers With the approach of Qixi Festival, Chinese Valentine's Day, on Saturday, international luxury brands are launching limited editions of …

China Products Chinese Group Hainan Brands Luxury Brands
From Yacht to Cars and Jets, India's Luxury Rental Mobility Industry Is On a Boom: Interview
3 years, 9 months ago

From Yacht to Cars and Jets, India's Luxury Rental Mobility Industry Is On a Boom: Interview

News 18  

COVID-19, a pandemic that changed the way world behaved, and things were done. In the luxury car rental space, Hype being pioneers, is itself a reference point and we are witnessing a sharp rise in demand post easing of pandemic lockdown restrictions. Yes, unlike some other industries, which are still recovering from the impact of the pandemic, the luxury car …

India Growth Services Cars Mobility Car Demand