Articles for Luxury Sales

DLF’s second going: Can the real estate giant succeed beyond its comfort zone?
1 month ago

DLF’s second going: Can the real estate giant succeed beyond its comfort zone?

Live Mint  

India’s largest developer is looking to venture beyond the comforts of its home turf again but is treading cautiously as it prepares to navigate new markets. While the Delhi-National Capital Region will remain DLF’s focal hub, the company is preparing to launch a project in Mumbai in January-March with apartments priced at ₹6-8 crore, Ohri said. The Delhi-based developer had …

India Luxury Bengaluru Delhi Mumbai Chennai Land
Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%
4 months, 3 weeks ago

Delhi-NCR real estate market: Affordable housing sales share dips to 24% in H1 2024, luxury sales touch 45%

Hindustan Times  

Out of NCR's total housing sales of approximately 32,200 units in H1 2024, over 45% share was in the luxury segment, and 24% in the affordable segment. Gurugram saw the highest luxury sales in Delhi-NCR at approximately 10,365 units, followed by Noida and Greater Noida together at 3,550 units Of the total luxury sales in NCR in H1 2024, Gurugram …

Real Estate Homes Delhi Housing Sales Luxury Homes Share
Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study finds
6 months ago

Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study finds

Associated Press  

MILAN — The post-pandemic surge in global sales of luxury handbags, shoes and apparel is set to stall this year amid a creativity crisis and price hikes as brands shift focus to the biggest spending customers, a new study by the Bain consultancy said Tuesday. The consultancy cited political uncertainty during a presidential election year in the United States as …

Luxury Sales Bain Price Hikes Luxury Sales
Volkswagen unveils electric luxury sedan at China auto show
1 year, 8 months ago

Volkswagen unveils electric luxury sedan at China auto show

Associated Press  

SHANGHAI — Volkswagen unveiled an electric luxury sedan that promises a 700-kilometer battery range as global and Chinese automakers displayed their latest SUVs, sedans and muscle cars at the world’s biggest auto show Tuesday. China is “playing a leading role in the industry’s electric and digital transformation,” said Ford Motor Co. CEO Jim Farley in a recorded message played on …

Europe China Vehicles Sales Shanghai Million Electric
Customers blinging up luxury Rolls-Royces propels it to record sales and profits
1 year, 11 months ago

Customers blinging up luxury Rolls-Royces propels it to record sales and profits

Daily Mail  

Super-rich customers commissioning one-off bespoke luxury cars with an average half-a-million-pound price-tag have propelled Britain's Rolls-Royce to record sales and profitability as it accelerates into an electrifying new era. Hailing 'a great British success story' as it prepares to launch its first ever pure-electric production vehicle – the new Spectre grand tourer – Rolls-Royce Motor Cars announced best-ever sales in …

Cars Sales Model Cent German 2022 Bmw
Global luxury sales set to hit record this year, study says
2 years, 1 month ago

Global luxury sales set to hit record this year, study says

Associated Press  

MILAN — Luxury spending is growing faster than ever, fueled by pent-up pandemic demand and shifting demographics as younger, more diverse consumers buy into tiny handbag and post-streetwear trends, according to a study released Tuesday. Global sales of personal luxury goods including leather accessories, apparel, footwear, jewelry and watches are expected to grow by 22% this year, to 353 billion …

Luxury Sales Billion Euros Consumers Bain Luxury Sales
Audi eyes 15 per cent of sales from EVs by 2025, says Head of Audi India
2 years, 9 months ago

Audi eyes 15 per cent of sales from EVs by 2025, says Head of Audi India

New Indian Express  

We are currently expanding our Audi Approved: plus showroom network with a series of inaugurations. We started 2021 with seven Audi Approved: plus facilities and currently stand at fourteen, including recently inaugurated facilities in Ahmedabad, Nashik, Bhubaneshwar, Chandigarh, Ludhiana, Surat and Mumbai. We will further expand Audi Approved: plus facilities beyond 20 this year. We recently launched Audi Q7 as …

Audi
Two luxury condos sell for record prices as L.A.’s high-rise market surges
3 years, 4 months ago

Two luxury condos sell for record prices as L.A.’s high-rise market surges

LA Times  

The pandemic put a damper on high-rise living, as a highly infectious airborne virus made close proximity to neighbors suddenly unappealing. The condos are two of 40 that will trickle to market over the next year at Pendry Residences West Hollywood, a new hotel-condo hybrid opened by Montage Hotels & Resorts. “Condo living is a newer concept for L.A. We’re …

Luxury Market Sales Los Angeles Hotel Million Quarter
Why people are shopping for luxury cars during the pandemic
3 years, 8 months ago

Why people are shopping for luxury cars during the pandemic

Live Mint  

Famously reticent to disclose how many cars they sell or at what amount of profit, luxury automakers are finding it difficult lately to avoid crowing—just a little bit—about how well they did in 2020. “Let’s just say we began 2020 with the strongest order bank since 2003—and we started this January with 50% more orders than last January,” Bentley’s Adrian …

Luxury China Pandemic Cars Bugatti Sales 2020