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LUXURY GOODS SALES DECLINE
Tata Motors' Jaguar rolls out £130,000 Type 01 luxury EV as British brand begins electric rebootJaguar has unveiled the Type 01, a luxury electric grand tourer with a price tag of £130,000. Orders are set to open in early 2027, and del...- Food stall owner brings Rolls-Royce Phantom worth Rs 10 crore at shop, sales get doubledA Singapore hawker’s decision to arrive at his food stall in a Rolls-Royce Phantom created a buzz on social media after a video of his arri...
- 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...
- Nelly bought a Missouri Mansion for $1.925 million in 2002; 19 years later, the abandoned 11,000-square-foot property hit the market for just $599,000Rapper Nelly sold off his long-abandoned Missouri mansion for $599,000 in 2021 after the 11,000-square-foot property remained unfinished fo...
- 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...
- Toronto home sales post steepest decline since February on economic uncertaintyIn September, home sales in the Greater Toronto Area saw a notable drop as economic worries loomed large for buyers. Sales fell 5.2% from A...
- In 2018, Silvio Scaglia paid $56M for a Tribeca penthouse; 8 years later, it sold for $57MSilvio Scaglia bought a Tribeca penthouse for $56 million in 2018. The property sold for $57 million in February 2026 after it was awarded ...
- India luxury car sales rise in double digits; Mercedes-Benz sales grow 8% to record 15,190 unitsThe luxury vehicle market in India showcased a striking uptick in sales for 2026, reflecting a robust appetite for high-end automobiles. Me...
- 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...
- India housing market sees sharper divergence across cities, price bandIndia's residential property market exhibited stable sales during January-September when compared to the previous year. Major markets like ...
- DLF has reported Rs 1985 crore sale from its first senior living project in Gurgaon.DLF Ltd announced the complete sell-out of its senior living project 'The Aureva' located in Gurugram. The project consists of 172 luxury r...
- Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: AnarockHousing prices in the Delhi-NCR region experienced an annual increase of 12 percent during the July-September quarter. This rise is attribu...
- Nike's struggles test investor confidence in CEO Hill's turnaround effortNike has faced significant challenges under Elliott Hill, who was brought out of retirement to stabilize the company. Despite efforts to re...
- In 2015, a Portland entrepreneur borrowed $5,000 to make a leather journal; 6 years later, his brand crossed $100 million in salesA leather journal made in a Portland garage became the starting point for Portland Leather Goods, a company that grew far beyond local craf...
- Indian automakers post higher September sales as dealers stock up for festive seasonIndian automakers reported increased sales in September as dealers stocked up for the festive season. Hyundai Motor India achieved a 10.8% ...
- Bajaj Auto September total sales up 5 per cent to 5,38,443 unitsBajaj Auto recorded a total sales growth of 5% for September 2026 compared to September 2025. Domestic sales, however, saw a decline of 9% ...
- Buoyant Q2 demand for consumer goods lifts festive sales outlookConsumer demand in India saw significant growth during the July-September quarter, particularly in appliances and FMCGs. Sales of air condi...
- Armani open to more than one investor for sale of 15% stake, CEO saysArmani is open to selling a 15% stake in the company, as stipulated by founder Giorgio Armani's will. CEO Giuseppe Marsocci indicated that ...
- It's the right time to invest in India: Swiss luxury watchmaker Baume & Mercier CEOSwiss luxury watchmakers, particularly Baume & Mercier, are planning significant investments in India due to the India-EFTA trade pact. Des...
- Mass market automakers gaining ground in the premium segment; Mercedes, BMW work out different strategies to drive growthIndia’s luxury car market remains around 1% of passenger vehicle sales, but competition is widening as brands such as Toyota, Kia, MG and B...
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