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LUXURY BRANDS
Hermes, try a scarf around just ChinaHermes is facing a decline in revenue growth driven by decreasing demand in its Chinese market. The brand recognizes the importance of main...
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...
Tourism is the sector the market writes off in a downturn. Is it indicating something else? 7 stocks with upside potential of up to 27%For years the street has believed that when the economy slows, tourism and hotels are the first to feel it. The logic: A hotel stay is not ...
ET Industry Changemakers Awards North 2026: Celebrating Visionaries Who Are Shaping Tomorrow
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 ...
Chinese spending curbs weigh on Hermes salesRevenue in the region that includes China, the luxury group's biggest market, flatlined at constant exchange rates, Hermes International sa...
'India a rising star in Swiss watch exports market': Franck Muller's Erol BaliyanIndia is poised to rank as the seventh or eighth largest export market for Swiss watches in the upcoming year. The country experienced a 28...
Technology overtakes brand in influencing India’s car-buying decisions: ReportTechnology and advanced features have outpaced brand loyalty in influencing car purchases among Indian consumers. A recent Bain & Co survey...
India could be among top 5 global markets for Glenfiddich maker as whisky drinkers trade upIndia is projected to enter the top five global markets for William Grant & Sons in the coming years. The free trade agreement with the UK,...
Bird Group plans to double the business across all verticals by 2030Bird Group has signed a lease for developing a hotel on 12 acres in Shillong. The hospitality arm aims to increase its keys from 600 to app...
Number of branded housing projects in India set to jump over 2-fold in 6 years: SavillsReal estate firms in India are anticipating a significant increase in branded residences by 2032. A report suggests nearly 25 ultra-luxury ...
Ferrari accelerates India expansion, opens doors to EU trade pact benefitsFerrari is expanding its presence in India by opening dealerships in Chennai and Ahmedabad. The company aims to take advantage of the propo...
Myntra sees Gen Z drive beauty growth as skincare, smaller cities gain groundGen Z accounts for 60% of Myntra’s beauty shoppers, spending 1.2 times as much on beauty as the average customer, according to the company’...
France unrest leaves global brands with a burning problemFrance’s weekend unrest has left luxury boutiques and mainstream retailers grappling with vandalism, looting and disrupted trade. While bra...
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...
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...
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...