luxury market

Luxury Market

Global Luxury Sales Set To Outpace Pre-Covid Levels This Year

Nusra Nov 12 2021 - 2 min read

The global sales of personal luxury goods is expected to reach $327 billion this year, bouncing back from the crisis with a 4 percent increase, at constant exchange rates, compared to 2019, before the pandemic hit. The largest players in the industry like LVMH, Hermes and Kering have already recovered strongly from the health crisis, pushing ...

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Luxury Market

Nitin Jain Talks About Basics & Trends of Luxury Market

Nibedita Mohanta Jun 29 2018 - 4 min read

Technavio’s analysts forecast the online home décor market in India to grow at a CAGR of 50.42% in revenue over the period 2014-2019. Nitin Jain, Founder & Managing Director, INV Home shares with FranchiseIndia.com about the insights of the luxury market, the global trends that shape this market. ...

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Luxury Market

How to be an entrepreneur in India's booming luxury industry

Abhay Gupta Sep 29 2017 - 7 min read

The word entrepreneur originates from the French word, entreprendre, which means "to undertake." In a business context, it means to start a business. The Merriam-Webster Dictionary presents the definition of an entrepreneur as one who organises, manages, and assumes the risks of a business or enterprise.   What is ...

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Luxury Market Study

Indian luxury market to hit $18 billion mark by 2017: Study

Indian Retailer Bureau Sep 29 2017 - 3 min read

New Delhi: Indian luxury market is estimated to be worth $18 billion by 2017 from the current level of $14 billion, according to a study. The market is likely to witness unprecedented growth in luxury categories including fashion, automobiles and fine dining, says ASSOCHAM-Yes Bank joint report. Indians consumer spending is expected to grow ...

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