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INDIAN LUXURY MARKET GROWTH
Luxe redux, it's a pleasure: Luxury retail in India is moving away from 'dictatorial' exclusivity to 'collaborative' empathy- Bhuvneshwar Kumar lives in a stylish Meerut bungalow featuring minimalist interiors, spacious living areas, well-maintained outdoor spaces
- 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 increase
- 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...16 Oct, 2026, 12.38 AM IST
- Maison D’Arome wants India to say oui to luxury perfumes without the heavy price tagMaison D'Arome has introduced a collection of premium perfumes in India aimed at discernible consumers. The brand asserts its fragrances ar...15 Oct, 2026, 02.10 PM IST
- In 2002, TV mogul Michael King paid $11 million for a Los Angeles property and built a 15,642-sq-ft mansion; 16 years later, his estate sold it for $33.85 millionThe former residence of Michael King in Pacific Palisades has been sold for a stunning $33.85 million, setting a record in the luxury real ...15 Oct, 2026, 01.30 PM IST
- In 2015, NBA star Chris Paul paid about $9 million for a Calabasas mansion; three years later, he sold it for $11.05 million, the city’s biggest home sale that yearChris Paul's purchase of a lavish mansion in Calabasas epitomizes the blend of celebrity lifestyle and a pursuit for privacy. The estate bo...15 Oct, 2026, 01.20 PM IST
- Leela reports operating revenue of Rs 412 cr in Q2FY27, PAT at Rs 95 crLeela Palaces Hotels & Resorts achieved a revenue of Rs 412 crore in quarter two of FY27. This reflects a 33% increase compared to the same...14 Oct, 2026, 05.17 PM IST
- 'Whisky shortage, cheaper imports to weigh on Amrut's sales through 2030'Amrut Distilleries is facing an inventory shortage as whisky demand continues to exceed production capabilities. The company's managing dir...14 Oct, 2026, 12.52 AM IST
- The economics of standing aloneVolte Una successfully held its first auction dedicated exclusively to one artwork, Tyeb Mehta's 'Rickshaw Puller,' which fetched an impres...13 Oct, 2026, 11.38 PM IST
- 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...13 Oct, 2026, 01.27 PM IST
- Bringing down cost of flying can lead to disruptive aviation growth: Air India executiveReducing taxes on aviation could make air travel more affordable for average Indians. Air India officials believe this will drive significa...12 Oct, 2026, 10.03 PM IST
- Jaguar has reinvented itself with a 1,016-hp electric car. But its biggest challenge may not be TeslaJaguar has introduced the Type 01, a new electric grand tourer that showcases their rebranding efforts. This vehicle features a powerful 1,...12 Oct, 2026, 07.28 PM IST
- Mumbai-NCR real estate price gap narrows to 1.6 times as Gurugram gains groundGurugram's real estate landscape has rapidly evolved to surpass several areas in Mumbai in terms of property prices. The NCR's property val...12 Oct, 2026, 05.28 PM IST
- India, Vietnam, Thailand emerge as branded residence hotspots as growth hits 200%Vietnam, Thailand, and India are emerging as key players in the global branded residences market. The growth rate for branded residential p...12 Oct, 2026, 01.59 PM IST
- Iran war’s end will be turning point for India, Amundi arm saysAmundi Investment Institute sees potential for Indian equities to rebound if the Iran war ends, easing oil pressures. Despite foreign outfl...12 Oct, 2026, 10.01 AM IST
- Audi India mulling local production of electric car, aims to double market share in 3-5 yearsAudi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury ca...11 Oct, 2026, 04.31 PM IST
- 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...07 Oct, 2026, 07.52 AM IST
- 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...06 Oct, 2026, 09.50 PM IST
- Mercedes-Benz India sales rise 8 pc in January-September 2026Mercedes-Benz has not only reached but surpassed its previous sales records in India, achieving 15,190 units sold during the January-Septem...05 Oct, 2026, 06.29 PM IST
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