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LUXURY MARKETS
The economics of standing aloneVolte Una successfully held its first auction dedicated exclusively to one artwork, Tyeb Mehta's 'Rickshaw Puller,' which fetched an impres...- Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
- Volvo Cars plans to raise India prices as rising input, logistics costs hit automakersVolvo Cars India is facing significant challenges from rising input and logistics costs, which may lead to price increases. The company's M...
- LVMH's weak China sales raise fresh concerns over global luxury market recoveryLVMH's quarterly report indicated a 5% decline in fashion and leather goods sales due to weak demand. The company's overall organic sales g...
- Shakira and Pink Floyd’s Roger Waters once owned a 650-acre private island in the Bahamas. Visioned to build boutique hotels and luxury apartments; now up for sale at $30 millionBonds Cay, a stunning private island in the Bahamas, is now available for sale at $30 million. Initially acquired by stars like Shakira and...
- Bringing down cost of flying can lead to disruptive aviation growth: Air India executiveReducing taxes on aviation could make air travel more affordable for average Indians. Air India officials believe this will drive significa...
- 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,...
- Mumbai-NCR real estate price gap narrows to 1.6 times as Gurugram gains groundGurugram's real estate landscape has rapidly evolved to surpass several areas in Mumbai in terms of property prices. The NCR's property val...
- India, Vietnam, Thailand emerge as branded residence hotspots as growth hits 200%Vietnam, Thailand, and India are emerging as key players in the global branded residences market. The growth rate for branded residential p...
- Audi India mulling local production of electric car, aims to double market share in 3-5 yearsAudi India is considering local manufacturing of a battery electric vehicle, with a decision expected in the next few months. The luxury ca...
- BPTP sells 150 apartments in its new housing project at FaridabadBPTP Ltd has achieved a remarkable feat by selling 150 luxury apartments in Faridabad, translating to a total revenue of Rs 150 crore. Thei...
- Robert De Niro helped turn one Japanese restaurant into Nobu; decades later, the brand expanded into hotels and a £360 million residential projectIn the late 1980s, De Niro started eating at a small sushi shop in Beverly Hills. Chef Nobu Matsuhisa ran the spot. De Niro loved the food....
- Two brothers started a phone-case side hustle to pay dental school fees. It grew into a $50 million luxury brandOmar and Zane Sabre founded Maison De Sabre after their father's leukaemia diagnosis affected their finances. Initially, they aimed to fund...
- Isprava Group appoints former Chalet Hotels chief Sanjay Sethi as strategic advisorIsprava Group has appointed Sanjay Sethi as Strategic Advisor for its hospitality and luxury home divisions. This decision aims to strength...
- 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...
- 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...
- Charlotte’s former Duke Energy headquarters gets $250 million in financing for 460 luxury apartments and 60,000 sq ft of retail by 2027Charlotte’s former Duke Energy headquarters is set for more than $250 million transformation after developers secured financing. The Brookl...
- 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...
- 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...
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