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LUXURY CONSUMER DEMOGRAPHICS
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...- 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,...
- Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
- From luxury cars to watches: Why India’s wealthy are spending more on ultra-premium productsIndia’s luxury market is shifting from traditional status symbols towards products that offer craftsmanship, exclusivity, heritage and indi...
- 'India is a country ripe for innovation across many facets of our business': Marriott International CEOMarriott sees India as a key growth market, planning significant expansion and new hotel openings. The company is adapting its brands and p...
- From kirana to currency: Small towns are scrambling for dollarsSmall towns now lead India's foreign exchange demand, surpassing major cities. This shift indicates rising prosperity and global lifestyle ...
- India open to more shape, colour in bathware: David Kohler, CEO, Kohler Co.Bathware giant Kohler plans to invest at least $100 m over the next decade in the country, where it expects bathrooms to evolve with smart ...
- 73% of Indian luxury shoppers switched brands in 5 years, says reportLuxury brands face a growing disconnect with consumers, especially younger buyers redefining luxury. In India, shoppers are switching brand...
- Swiss luxury watch brands getting ready for a great time in India, says Rado CEOFor Swiss watchmakers, India’s trade liberalisation comes as a welcome counterbalance to global headwinds. As customs barriers ease, compan...
- Global luxury gets bvllish on HNI IndiaBvlgari is expanding its presence in India, planning new flagship stores in Bengaluru, Hyderabad, and Kolkata, and aiming to 'Indianise' it...
- E-commerce democratising growing luxe market, says Tata Cliq CEOTata Cliq Luxury experienced a 30% revenue increase in fiscal 2025, with 55% of sales from non-metro markets. Strategic expansions into new...
- Luxury+1: Will Bulgari show brands the way from China to India?Bulgari, a renowned Italian luxury brand, is expanding its presence in India due to a decrease in demand in China. The company sees strong ...
- India emerges as key destination for Swiss watchmakers: Deloitte reportThe 'Deloitte Swiss Watch Industry Insights 2024' report reveals the growing appeal of Indian luxury market for Swiss watchmakers. With fav...
- Indian consumer market sees significant drop in average buyer age across cars, smartphones, and TVsOver the past 5-6 years, the average age of Indian consumers purchasing cars, premium smartphones, and large televisions has decreased sign...
- Budget 2024: Could aggressive tax and regulatory reforms supercharge India's consumer industry?The preferences of a tech-savvy and aspirational demographic are compelling companies to adapt, innovate and align their offerings to suit ...
- Luxury tea maker TGL raises $1million for expansionTGL, set up by entrepreneurs Bhuman Dani and Shariq Ashraf, formerly with Boston Consulting Group (BCG), is raising Rs over 6 crore from th...
- India's luxury market unscathed by slowdown, poised for growth: AssochamSectors such as five star hotels and fine-dining, electronic gadgets, luxury personal care, and jewellery are expected to grow by 30-35 pc ...
- Consumers in late forties and fifties choosing e-commerce for better luxury bargainsAccess to global brands, bargain pricing and convenience of shopping from home lure consumers in their late forties and fifties to e-commer...
- Luxury seekers not restricted to cities: Kamal NathET Luxury Dialogue: The key takeaway from the first session was that biz model of luxury firms must consider the emergence of the new centr...
- Targeting youth an investment for retailers: E&Y
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