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YASHO SABOO
Swiss watch makers clock record India exports in 2022Swiss watch exports to India reached a new high in 2022, with sales worth '1,722.88 crore, representing a growth rate of 19.6%. Export mome...- Small towns go online to quench thirst for luxuryMost consumers tend to go bargain hunting online. For a large part of 2019, luxury mall managers reported that sales were lacklustre. Luxur...
- More Indians flying overseas to shop for cheaper luxury goodsUK, France and NY top attractions as big brands offer huge discounts, logistical support. La Vallée Village in France, which is home to bra...
- Companies optimistic despite consumption slowdown: It’s not all turbulence for luxury goods marketThere are definite signs of a chill in sales this festive season, in line with the slowdown in consumption.
- Falling rupee may not spoil festivals yetThe impact of a weaker currency tend to be less obvious on high-end goods compared to daily household products.
- Currency notes ban: Smaller hotels, luxury to get hitThe two denominations of currency notes will continue to be accepted in some places until November 11.
- Implementation of GST to benefit hospitality, luxury sectors by lowering costs for consumersA government-appointed panel has proposed 17-18% as GST which is much lower than what the hospitality and luxury sectors currently face.
- Luxury goods purchase under I-T lens, buyers get noticesTax experts say that though the highly paid salaried have come under the scrutiny, they may not be the primary targets.
- New SIT proposals on black money to hit luxury sectorThe SIT, in its report to the Supreme Court on methods to curb black money, has recommended a ban on cash transactions of above Rs 3 lakh.
- Ethos Watch to open bigger stores for improving customer experienceThe move is aimed at improving customer experience and product offerings, said Yasho Saboo, CEO of Ethos Watch Boutiques.
- Luxury watch retailers say PAN rule hurting salesThe All India Federation of Horological Industries are making a presentation to the government seeking more clarity and simpler compliance ...
- Ethos Watch to diversify into men’s accessoriesSaboo said if the model is successful, it may look at other products. “Branded jewellery, especially international jewellery, hasn’t really...
- How hosts are splurging more to make luxury weddings special and unusualThe big, fat Indian wedding is getting bigger and fatter, with hosts splurging more to make their events special and unusual.
- Mechanical watches catch up with India as exposure to global trends risesIndians seem to be getting more aware of their mechanical movements and are increasingly investing in them, if luxury Swiss watch makers ar...
- India’s luxury brand market to be driven by tier 2, 3 cities: Report"Despite low engagement and outreach by luxury brands, sales through references in tier 2 tier 3 cities are twice as much as those in the m...
- Consumers will be back to spend on electronics, apparel, accessories and much more in Year 2012It has not been easy for Indian consumers in the last two quarters: they have had to deal with inflation on the one hand and the rising int...
- Keeping a close watch on luxuryYashovardhan Saboo, CEO, Ethos watch studios- the country's largest retail chain of luxury watches.
- AIFHI seeks reduction of import duty on luxury watchesAll India Federation of Horological Industries has sought lowering of import duty on luxury watches to 20 per cent in the forthcoming union...
- AIFHI seeks reduction of import duty on luxury watchesAll India Federation of Horological Industries has sought lowering of import duty on luxury watches to 20 per cent in the forthcoming union...
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