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LUXURY GOODS INDUSTRY
Global luxury goods industry set for recovery in 2027, US to remain bright spot: Goldman SachsThe global luxury goods industry is expected to witness a recovery after several years of sluggish sales performance, with revenues of majo...- She has $2.6 billion but still works 14 hours a day: Why the world’s youngest self-made woman billionaire can't slow downLuana Lopes Lara, the 30-year-old co-founder and COO of Kalshi, has an estimated net worth of $2.6 billion and is the world's youngest self...
- Prada Q3 revenue rises in a slowing luxe marketItalian luxury group Prada reported a 1% organic growth in revenue for the third quarter of the year. This performance reflects resilience ...
- At 22, he built a gym machine in his garage. Now, the man behind the ‘Ferrari of fitness’ is looking to IndiaTechnogym founder Nerio Alessandri is looking to expand the Italian fitness and wellness company's presence in India, where fitness facilit...
- France protests reason: Why are angry demonstrators looting Louis Vuitton, Hermès stores?France Protest News: France protests turned violent as demonstrations over rising living costs, inequality, education and public services s...
- So, it's trendy-ing, grey is the new black: Indian women challenge beauty norms through silver transitionsWomen in India are increasingly embracing grey hair, challenging traditional beauty standards associated with aging. This movement showcase...
- China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein reportA report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors su...
- India refines 1,200 tonnes of gold but consumes 800-850 tonnes: How GIFT City could help unlock major export opportunityIndia’s 1,200-tonne gold refining industry could unlock new export opportunities through GIFT City, following the introduction of responsib...
- Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathyIndia's luxury market is projected to surpass $12 billion by 2028, reflecting a significant shift in consumer behavior. Millennials and Gen...
- Inside Ravie Dubey and Sargun Mehta’s Bandra house ‘Saubhagya’: Sea views, crystal chandeliers and Rs 13.37 lakh monthly rentRavie Dubey and Sargun Mehta’s luxurious Bandra home, named Saubhagya, features crystal chandeliers, pastel sofas, an indoor swing and a se...
- In 2017, Big Sean paid $8.7 million for Slash’s Beverly Hills mansion and renovated it; four years later, he sold it for $11.1 million, a $2.4 million price increaseIn 2017, Big Sean purchased a mansion in Beverly Hills previously owned by Slash for $8.7 million. After four years of renovations, he sold...
- Luxury car buyers lose most GST 2.0 benefits as Mercedes, BMW and Audi raise pricesLuxury carmakers such as Mercedes-Benz, BMW, and Audi have increased vehicle prices after a GST cut. The price hikes are a response to risi...
- JIO IPO & Rs 10 lakh crore: Mukesh Ambani added 13 zeros to Dhirubhai’s dreamJio Platforms will begin subscriptions for its IPO on October 21 and it will conclude on October 23. The record-breaking IPO could see valu...
- Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
- LVMH's weak China sales raise fresh concerns over global luxury market recoveryLVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales g...
- As technology and AI reshape the workplace, which skills will define future leaders?In today's evolving job landscape, the importance of interpersonal skills and leadership has surged. Research indicates that qualities like...
- ETSA champions show the great Indian dream is all home-brewed and visa-free: Union Minister Piyush GoyalIn a candid conversation with ET’s Deepshikha Sikarwar, he spoke about India’s trade deals, India-US relations, foreign investment, and how...
- Discerning desis ensured that many local products are now on par with the world’s bestThe long-held reluctance of Indians to accept locally made "foreign" items as equally good alternatives until well into the 21st century pr...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...
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