India's growing luxury market is set to exceed $10 billion-mark by 2014 boosted by a new class of wealthy termed as the 'closet customers'.

For Italian luxury clothing and accessories brand Canali, Indian business is growing at a much faster pace than the rest of the world this ...

Canali says high import duty is one of the three major constraints slowing the growth of the $5.8 billion luxury market in India.

Italian luxury major Canali has entered into a 51:49 joint venture with Genesis Luxury Fashion, which currently has distribution rights of ...