Luxury Brands

Scents & Sensibilities: The right perfume can be a game-changer for you

From mass-market mists to niche luxury blends, India's perfume market is booming. As spending on fragrances soars, a new olfactory culture is taking shape - a bottle at a time

Beyond the bag: How this luxury item is more than just an accessory

India's growing love affair with luxury handbags is not a phase, it's a movement. In boardrooms, at brunches, and across airport lounges, the bag is not just carried, it carries the person holding it

Tommy Hilfiger recalls India's key role in brand's 40-year journey

Hilfiger said that it was Mohan Murjani who pushed him in 1985 to build what is today one of the world's premium lifestyle brands

Luxury industry needs to adopt climate-friendly practices: Experts

Climate change is a pressing challenge for the luxury goods industry, and businesses have to adopt environment-friendly practices to address this issue, entrepreneurs and experts say. They added that the luxury industry views sustainability as the future of high-end businesses, and companies that prioritise ecology will gain long-term benefits. "Climate change is staring at each of us and environmental consciousness and responsible actions by people and businesses can help both the ecology and the economy," they said at the 'Sasmrti - The Responsible Luxury Roundtable' here. The deliberations were organised by Shweta Thakur Nanda, and Gautam Gupta, co-owner of luxury fashion brand 'Asha Gautam'. Speaking at the function, Blossom Kochhar, Chairperson, Blossom Kochhar Group of Companies, said that the industry must act and live sustainably not just for "ourselves but for our future generations". Sharing similar views, Lipika Sud, Founder Director of LIpika Sud Interiors, said that t

BS Manthan: Can India create an LVMH? Julien Tornare says innovation is key

He said that like Swiss watches, known for their craftsmanship, India has a rich tradition of exquisite craftsmanship, whether in textiles or jewellery

Is India next luxury superpower? Hublot CEO bets on strategy, innovation

At BS Manthan, Hublot CEO Julien Tornare delved into what it takes to build a global luxury powerhouse, why authenticity and innovation matter, and whether India can create its own LVMH

Love and luxury: Indulgent gifts for celebrating Valentine's Day this year

Couples are buying gadgets, going to wellness spas or buying jewellery for each other

Prada mulls Versace buy as Capri seeks buyers with Barclays' help

Last month, trade journal Women's Wear Daily had reported that the US luxury conglomerate, which also owns Michael Kors, was working to find buyers for some of its brands, including Versace

Luxury brands bulk up on low-priced products for middle-class shoppers

The companies' renewed focus on more affordable products is meant to appeal to middle-class aspirational customers who are more price sensitive

Chanel appoints designer Matthieu Blazy as its new artistic director

One of the most prestigious roles in global fashion has just been filled, as Chanel appointed Franco-Belgian designer Matthieu Blazy as its new artistic director, the fashion house has announced. The 40-year-old will oversee all collections for the world's second biggest luxury brand starting in 2025, replacing Virginie Viard, who parted ways with the house earlier this year. Blazy arrives with a reputation for innovation and craftsmanship, honed through stints at Raf Simons, Maison Margiela and Cline under Phoebe Philo. Most recently, he was creative director at Bottega Veneta. Chanel President Bruno Pavlovsky praised his audacious and powerful approach, adding that Blazy would play with the codes and heritage of the House to take it in exciting new directions. I am thrilled and honored," said Blazy. Critics have noted that Blazy's relatively young age suggests Chanel may be positioning him for a long tenure, akin to the 36 years Karl Lagerfeld spent at the helm. His appointment

Bulgari CEO looks at India for growth as China luxury demand weakens

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

E-commerce sites record Rs 1 tn in sales; non-metros drove festive shopping

Demand from non-metro consumers, coupled with increased interest in luxury brands, drove festive season sales

Personalised, pricey and memorable: The cost of a 2024 Indian wedding

Couples must plan early to save expenses on decor, venue and menu

Luxury labels bask in Diwali's glow with limited-edition sparkle

From Valentino to Louboutin, capsule collections bring festive glamour to India

LVMH investors jittery over anaemic China's demand for designer goods

Predicting the third-quarter will be the worst for the sector in four years, with a 1 per cent decline in organic sales year-on-year, they also lowered estimates for earnings per share for next year

'Buyers opting for lighter, more affordable pieces amid rising gold prices'

Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong

Armani/Caffe makes India debut with launch at Jio World Plaza in Mumbai

Reliance Retail launched India's first Armani cafe at Jio World Plaza in Mumbai. The upscale cafe, Italian fashion house Giorgio Armani, features designer's favourite dishes, and 52 imported wines

Reliance Retail expects rising demand for premium to fuel Indian market

The oil-to-telecom conglomerate also added that its retail arm remains steadfast in innovating across formats and products to improve customer experience and serve evolving consumer needs

What is the worth of a Dior handbag? Only Rs 4700, an Italian probe reveals

Similarly, Armani's handbags are purchased from suppliers for 93 euros (Rs 8,385), resold to the brand for 250 euros (Rs 22,540), and ultimately priced around 1,800 euros (Rs 1.62 lakh) in stores

Luxury furniture brand Stanley Lifestyles IPO subscribed over 96 times

The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed a whopping 96.25 times on the last day of subscription on Tuesday. The Rs 537 crore initial share-sale received bids for 98,56,97,520 shares against 1,02,41,507 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched 222.10 times subscription while the quota for non-institutional investors got subscribed 118.65 times. The quota for Retail Individual Investors (RIIs) attracted 18.13 times subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity shares. The initial share-sale has a price range of Rs 351-369 per share. The IPO of Stanley Lifestyles got subscribed 1.43 times on the first day of subscription on Friday. Stanley Lifestyles on Thursday said it raised a little over Rs 161 crore from anchor investors. The net proceeds from the fresh issue to the tune of Rs 90.13 crore