Stay updated with the latest luxury-goods news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on luxury-goods topics.
New Delhi [India], December 16 (ANI): In Financial Year 2027, the monetary easing is set to drive the above-trend growth of 7.5% amid the expectations of continuous fiscal tightening, said India Market Outlook 2026 Report by Axis Capital on Tuesday. "We expect the monetary easing to drive above-trend growth of 7.5%. Fiscal tightening is expected to continue, though it would be much slower at 20 bps, but the revival in credit growth in response to much easier monetary conditions is a significant ...Read More >
Mumbai, 19 November 2025: Tata CLiQ is hosting its annual and much-anticipated Black Friday Sale on Tata CLiQ Fashion, Tata CLiQ Luxury, and Tata CLiQ Palette from November 20 to November 30, 2025. With offers across a range of categories like apparel, accessories, beauty, eyewear, footwear, home, jewellery, watches, and more, this sale is the perfect time for consumers to upgrade their wardrobes and homes. Mr. Sumit Puri, Vice President - Marketing and Central Operations, Tata CLiQ, said, "The ...Read More >
NEW DELHI: The Delhi Police have busted a fake antacid manufacturing unit in north Delhi's Ibrahimpur, and seized a massive cache of counterfeit products designed to mimic a popular over-the-counter brand. Two accused -- Sandeep Jain (45) and Jitender alias Chotu (23) -- both residents of Ibrahimpur, have been arrested in connection with the illegal operation, officials said on Sunday. According to the Crime Branch, the unit was discovered during a raid following a complaint from the authorise ...Read More >
NewsVoir Chennai (Tamil Nadu) [India], October 23: Renowned for trust and design excellence, DRA Homes, the fast-emerging Indian real estate pride brand from Chennai, today announced the launch of DRA iHEART - Chennai's first branded sea-view residences in Navalur on OMR. Spanning 3.42 acres with 271 thoughtfully designed homes along the main road, iHEART sets a new standard in living. The project integrates over 650 carefully selected premium-standard products - from foundation materials such ...Read More >
New Delhi, Oct 22 (SocialNews.XYZ) India's luxury goods market is projected to see 10 per cent growth to reach $12.1 billion by 2025, emerging as a significant player in the global luxury market, a new report has said. The luxury retail landscape is being reimagined, with brands moving beyond transactional spaces to offer curated lifestyle experiences, according to data analytics company Euromonitor International. South Africa (15 per cent), India (10 per cent), and the United Arab Emirates (9 ...Read More >
A significant consumer shift towards premium brands is underway, with the luxury segment's market share projected to hit 70% by FY25, up from 48% in FY20. India's luxury watch market is poised for strong expansion, with annual growth estimated at 11-12 per cent, supported by the country's rising affluent base and growing wealth among high-net-worth individuals (HNIs), according to a recent report by SOIC Research. The report noted that India will be among the fastest-growing markets globally fo ...Read More >
Pernod Ricard's consensus analyst price target has recently decreased from €106.33 to €104.33 per share. This reflects a shift in sentiment following updated research notes. This adjustment comes amid discussions about the company's valuation and evolving prospects in the face of both opportunities and challenges. Stay tuned to discover how investors can stay ahead as the narrative for Pernod Ricard stock continues to develop. What Wall Street Has Been Saying Recent analyst commentary on Pe ...Read More >
Recently, the Indian government authenticated the hallmarking of nine-carat jewellery Nine-carat gold jewellery is catching up in some regions of India, such as Bengaluru, among Gen Zees and Millennials, while people down further South in Tamil Nadu are still focused on gold purity, according to Vidita Kochar, founder of Jewelbox. "Down South, we have three stores -- two in Bengaluru and one in Chennai. And within that, all three stores cater to very different target audiences. So what we've r ...Read More >
French luxury retailer Galeries Lafayette is set to open its first Indian store in Mumbai. Aditya Birla Fashion and Retail announced the partnership. Plans are underway for a second store in Delhi. The company aims to open stores in at least four major Indian cities within three years. An online platform for Galeries Lafayette is also planned for India. Aditya Birla Fashion and Retail said on Wednesday that French luxury retailer Galeries Lafayette will open its first Indian flagship store in M ...Read More >
India is rapidly emerging as a significant global player in branded residences, ranking sixth worldwide for live projects. Driven by a growing high-net-worth population and interest in international luxury brands, the sector is poised for substantial future growth, with key cities leading the charge. India is emerging as a notable market for branded residences, with demand driven by a growing population of high-net-worth individuals and increasing interest in international luxury residential br ...Read More >
Realty firm M3M India announced a Rs 2,100 crore investment to develop Jacob & Co-branded ultra-luxury homes in Noida. This marks the first housing project in India under the globally renowned luxury brand. The 6-acre development is expected to generate Rs 3,500 crore in revenue, with residences priced between Rs 14-25 crore. New Delhi, Realty firm M3M India on Thursday said it will invest Rs 2,100 crore to develop Jacob & Co-branded ultra-luxury homes in Noida as part of its expansion plan. I ...Read More >
Themed 'Gateway to Growth: Harnessing Opportunities under India-UK CETA', the programme brought together senior government officials, diplomats, Export Promotion Councils (EPCs), industry leaders, and trade associations to deliberate on the transformative potential of the agreement for Indian exporters. The outreach event marked a crucial step towards strengthening India-UK trade ties and positioning Indian exporters to make the most of the CETA agreement. Anna Shotbolt, deputy trade commission ...Read More >
PRNewswire New Delhi [India], September 30: Delhi sparkled brighter than ever as Forevermark Diamond Jewellery from De Beers Group, the world's leading diamond company, officially launched as a jewellery brand. Marking a landmark brand debut, Forevermark has chosen India as its lead market with the opening of its flagship store in New Delhi. The opening of the flagship New Delhi store marks a significant milestone in Forevermark's journey of bringing its global heritage, modern design sensibili ...Read More >
New Delhi, Sep 29 (SocialNews.XYZ) The Directorate General of Foreign Trade (DGFT), an authority under the Ministry of Commerce and Industry, on Monday hosted an outreach programme on the recently concluded India-UK comprehensive economic and trade agreement (CETA). Chairing the programme at Bharat Mandapam here, Ajay Bhadoo, director general of foreign trade and additional secretary in the Ministry of Commerce and Industry, underlined the strategic significance of CETA in expanding India's foo ...Read More >
New Delhi: The Centre is closely monitoring whether companies are passing on the benefits of the recent Goods and Services Tax (GST) rate cuts to consumers, and enforcement measures will only be decided after field reports are analysed by the end of September. "We are awaiting inputs from field formations by the end of this month. We cannot have knee-jerk reactions to fresh reforms; they need time to settle," a government source said. Over 50 products from various categories are being examined ...Read More >
New Delhi, Sep 5 (SocialNews.XYZ) The fast-moving consumer goods (FMCG) sector stands at the cusp of a structural reset as the GST Council has rolled out GST 2.0, with the reform simplifying the existing four-tier structure into two slabs - 5 per cent and 18 per cent - with a 40 per cent rate reserved for sin and luxury goods, a report said on Friday. "For FMCG companies, the reform is set to unlock volume growth, strengthen rural penetration, and enhance profitability -- reshaping the sector's ...Read More >
A Think Change Forum report advocates for GST 2.0 to adopt just two slabs -- 5% and 18% -- capping the peak rate at 18% to simplify the tax system. The report, released ahead of a GST Council meeting, suggests this move would boost consumption, improve compliance, and generate higher revenues by eliminating anomalies and reducing litigation. The long-term success of Goods and Services Tax (GST) depends on moving towards a single nationwide rate, and GST 2.0 should be the first step by adopting ...Read More >
New Delhi [India], August 28 (ANI): Bollywood actor Shahid Kapoor and Mira Rajput have added another feather to their professional lives, as they collaborate for a new venture. As partners in both life and work, the star couple look forward to balancing their personal bond with a shared vision. Mira Rajput heaped praise on her husband, hailing his passion and disciplined approach toward life. "Shahid's passion for dance and his discipline toward work and fitness have resonated with this projec ...Read More >
New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including ...Read More >
New Delhi [India], August 28 (ANI): A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital. If the benefits of this cut are passed on to consumers, it can boost the country's GDP growth. It stated "A decline in GST rate has a higher multiplier effect (1.08x) than direct taxes. If passed on to consumers, it can add 20-50bps to GDP growth". The report said, a decrease in income tax rate would ...Read More >
New Delhi [India], August 21: With its glittering launch on August 2, 2025, City of Dreams Sri Lanka redefines luxury tourism in South Asia. This resort not only transforms Colombo skyline but also sets a new benchmark in hospitality, entertainment, and economic promise. Colombo witnessed a historic moment with the launch of City of Dreams Sri Lanka, a landmark development poised to reshape South Asian travel and tourism. Backed by a $1.2 billion investment and a decade of planning the luxury r ...Read More >
New Delhi [India], August 21: With its glittering launch on August 2, 2025, City of Dreams Sri Lanka redefines luxury tourism in South Asia. This resort not only transforms Colombo's skyline but also sets a new benchmark in hospitality, entertainment, and economic promise. Also Read | Is Ryan Reynolds Getting Cancelled? Netizens Flood 'Deadpool' Actor and Wrexham Co-Owner's Aviation American Gin Instagram Post With Angry Comments Amid Blake Lively-Justin Baldoni Legal Drama. Colombo witnessed ...Read More >
Lucknow, Jul 17 (PTI) Uttar Pradesh's capital city has secured the third position in the category of urban spaces with population exceeding 10 lakh, while Prayagraj was adjudged the Cleanest Ganga City in the ninth edition of the Swachh Survekshan. Lucknow also became the first city in the state to achieve a 7-star Garbage Free City rating in the 2024-25 survey. Gorakhpur achieved double success, ranking third in the Safai Mitra Surakshit Sheher category and fourth among cities with a population ...Read More >
The Indian electric vehicle (EV) market is on the cusp of an explosion, with global titans and domestic champions vying for dominance in a landscape rapidly shifting towards sustainable mobility. While Tesla's long-awaited official entry has generated significant buzz, its premium pricing strategy sets the stage for an intense battle against established players like BYD India, and homegrown stalwarts such as Tata Motors and Mahindra. Tesla, the undisputed global EV pioneer, has finally inaugura ...Read More >
Mumbai/New Delhi: After sparking outrage in India for showcasing Kolhapuri-style "sandals" on the Milan runway, Italian luxury giant Prada is sending top executives to the footwear's hometown of Kolhapur. The two-day visit to Kolhapur, in Maharashtra, is expected to begin Tuesday and marks the brand's first formal outreach to Indian artisans. Mint has learned that the visiting team includes Daniele Contu, pattern making manager at Prada's footwear division, along with external consultants Andre ...Read More >
MUMBAI/MILAN, July 2 (Reuters) - Indian footwear sellers and artisans are tapping into nationalist pride stoked by the Prada 'sandal scandal' in a bid to boost sales of ethnic slippers with history dating back to the 12th century, raising hopes of reviving a struggling craft. Sales are surging over the past week for the 'Kolhapuri' sandals that have garnered global attention after Prada sparked a controversy by showcasing similar designs in Milan, without initially crediting the footwear's orig ...Read More >
It all started on a runway in Milan. When Italian fashion giant Prada unveiled its Spring/Summer 2026 collection, a pair of leather sandals stood out -- not for being cutting-edge, but for looking eerily familiar. Their open-toe, braided design closely resembled the Kolhapuri chappal, a handcrafted Indian footwear with a history dating back centuries. Italian luxury brand Prada faces heat for showcasing Kolhapuri-style sandals at Milan Fashion Week without crediting their Indian origin. Local ...Read More >
New Delhi [India], May 29: Cryptocurrency markets are shifting rapidly. Layer-1 blockchains and tokenization ecosystems are gaining traction while legacy coins face scalability bottlenecks. Capital inflow into presale projects and high-utility protocols is spiking as backers shift focus to projects offering real-world integration, security, and cross-chain utility. With AI, tokenized assets, and institutional interest converging, savvy participants are eyeing emerging projects with transformativ ...Read More >
US, Spain, Thailand, China, Tokyo, Munich, and more will showcase Marriott International's trailblazing luxury experiences, offering transformative travel in 2025. At the International Luxury Travel Market (ILTM) in Cannes, Marriott International, Inc. has unveiled an exciting new phase of global expansion. The Luxury Group is introducing a range of innovative brand extensions, including luxury tented camps, remote lodges, and personalized experiences, all designed to elevate Marriott's positio ...Read More >
HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - Long recognised as a land of luxury, Hong Kong has levelled up its luxury hub appeal following the Leaders of Luxury Summit 2024. Organised by Robb Report Hong Kong, the summit brought together luxury industry titans to discuss pivotal topics that "Redefine Luxury Through a Global Lens" at Regent Hong Kong on November 26-28, 2024. According to the latest "2024 Billionaire Census" report from Altrata, the city is currently world's no. 2 ...Read More >
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