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Luxury market in India rides the new wave of affluent buyers

2023 was a record year for Indias luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.

Beijing , China , Mumbai , Maharashtra , India , Ayodhya , Uttar-pradesh , Switzerland , Italy , Hurun , Guangxi , Paris

Luxury Market India: Luxury market in India rides the new wave of affluent buyers, ET Retail

Luxury Market India: 2023 was a record year for India’s luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.

Spain , Mumbai , Maharashtra , India , Beijing , China , Switzerland , Italy , Paris , France-general- , France , Ayodhya

Luxury market in India rides the new wave of affluent buyers

2023 was a record year for Indias luxury market. The affluent population in India is expanding rapidly, with the number of high net worth individuals (HNIs) expected to reach 16.5 lakh by 2027, up from 7.9 lakh in 2022. Similarly, the number of ultra-high net worth individuals (UHNIs) could surpass 19,000 by 2027, compared to about 12,000 in 2022, as per Bain's estimates.

Italy , Paris , France-general- , France , Mumbai , Maharashtra , India , Hyderabad , Andhra-pradesh , Spain , Ayodhya , Uttar-pradesh

luxury brands: Indian luxury brands steal the spotlight on global stage

Over the past year, Indian designer Sabyasachi Mukherjee has achieved significant milestones, including a showcase of jewelry, clothing, and accessories at Saks Fifth Avenue in Beverly Hills during the Oscars weekend. Additionally, his limited edition lipstick collection in collaboration with Estee Lauder was launched in the UK at Selfridges.

United-kingdom , Kozhikode , Kerala , India , Delhi , Hyderabad , Andhra-pradesh , Lucknow , Uttar-pradesh , London , City-of , Dubai

Rolex to Hublot: Indians find more time for Swiss luxury

Imports touched ₹2,093 crore during the year, up from the previous year’s ₹1,500 crore

Mumbai , Maharashtra , India , Switzerland , Swiss , Viraal-rajan , Pushpa-bector , Konstanti-chaykin , Ashok-goel , Tag-heuer , Swatch-group , Zenith

valentines day: Luxury sales on an upswing this valentine's day

Properties such as The Oberoi Udaivilas and Fairmont Jaipur have no rooms available for February 14, as per Booking.com. Rajesh Namby, general manager of Raffles Udaipur, said the hotel has seen a “remarkable” surge in bookings and expects a 22-27% revenue growth with an increase in average daily rates around Valentines Day.

Bengaluru , Karnataka , India , Udaipur , Orissa , Delhi , Pushpa-bector , Rajesh-namby , Karan-ahuja , Oberoi-udaivilas , Shalabh-arora , Uzma-irfan

Reliance, Nykaa, Lifestyle, Flipkart, Shopper Stop unite at The Economic Times Great India Retail Summit 2024, ET Retail

Great India Retail Summit: This exclusive 2-day summit, a first of its kind, assembles the crème de la crème of India's rapidly growing retail industry. Aimed at boosting the collaboration between retail pioneers, policymakers, industry watchers, brand founders, MDs and CEOs, retail real estate developers, investors, technology innovators, and celebrity entrepreneurs, GIRS2024 promises to be an unparalleled showcase of the retail sector's dynamic landscape.

India , Mumbai , Maharashtra , Anchit-nayar , Pushpa-bector , Vikram-gawande , Govind-shrikhande , Govind-shrinkhande , Vineet-gautam , Devarajan-iyer , Manish-sharma , Abhishek-bansal

Christmas footfall fails to spread cheer evenly

Demand for fashion and gadgets remained strong during the festive season, with a recovery of almost 130% of revenues compared to 2019.

India , Jayen-naik , Jain-amar , Akhil-jain , Pushpa-bector , Rajneesh-mahajan , Nexus-select , Select-trust , Christmas , Footfall , Fashion , Gadgets

Christmas Footfall Fails To Spread Cheer Evenly

Christmas Footfall Fails To Spread Cheer Evenly
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

India , New-delhi , Delhi , Jain-amar , Rajneesh-mahajan , Pushpa-bector , Akhil-jain , Jayen-naik , Nexus-select , Madame-select , Inorbit-malls , Madame-select-trust

The Chanakya & Hello! India's Extravagant Christmas Brunch- A Symphony of Luxury & Festive Delight

The Chanakya & Hello! India's Extravagant Christmas Brunch- A Symphony of Luxury & Festive Delight
theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.

India , Rimzim-dadu , Meera-bhatia , Pushpa-bector , Chanakya-christmas , Ted-baker , Instagram , Brioni , Tiffany-co , Senior-executive-director , Business-head , India-christmas-brunch