Armani may split a 15% stake among L'Oreal, EssilorLuxottica and LVMH as the luxury house moves to execute Giorgio Armani's succession plans
India's fashion ecommerce players are increasingly betting on luxury over mass, testing whether margins can grow without losing scale
In developed markets, we are investing in defence & aerospace, power turbines & plant construction, the data center supply chain and in ultra-luxury consumption plays, Mukherjea said.
Shoppers in the West Asia are some of the world's biggest spenders, splashing out at retail hubs like Dubai and other luxury destinations including Paris and Milan
Ralph Lauren faces criticism for a Bandhani-style skirt lacking India credit, reigniting debate on cultural appropriation by global luxury brands
Known for turning accessory into art piece, the brand bets on evolving Indian market
West Asia had emerged as a vital source of growth for many upscale brands as sales of luxury goods have slowed in Europe and Asia in recent years
Brand Concepts launches Off-White in India, plans nationwide expansion and aims $10 million revenue in 24 months, tapping rising demand for luxury streetwear
Elie Saab to open first retail store this year
As the Prada-Kolhapuri deal demonstrated, IP protection lies at the core of any dynamic collaborative arrangement between domestic artisans and global marketers
Prada has formalised a collaboration with LIDCOM and LIDKAR to produce a Kolhapuri-inspired limited-edition sandal collection, manufactured in India with skilled artisans
As the economy cools, spending on foreign premium brands has stalled. Instead, when Chinese consumers do splash out, they're turning to homegrown labels
Wales Bonner is replacing Veronique Nichanian, 71, who has held that role for 37 years and will present her last menswear show in January
Managing Director Sidharth Bindra says Biba has turned profitable since July and will expand rapidly, adding 100 stores next year amid rising festive demand
From Jimmy Choo to Cartier, global luxury houses roll out glittering Diwali capsule collections and curated gift hampers across Delhi
With two boutiques in India presently -- in Mumbai's Jio World Plaza and in New Delhi's Emporio Mall-- the brand is looking to expand its retail network to drive growth by doubling its network
Reliance Brands has tied up with British designer Stella McCartney to introduce her sustainable luxury label in India, offering ready-to-wear, vegan accessories and footwear
Ziniosa, Kuro, and ReTag are turning pre-owned luxury into big business
With rising wealth and young buyers, India emerges as a top growth market for Swiss luxury watch brands
The fashion designer had been ailing for some time; over the course of his career, he dressed some of the world's biggest names, but also made high fashion more accessible to the people