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Luxury Retail Stores booming across India . Architects and Designers should gear up to design lots of luxury Retail Spaces this year. Data reveals a surge in luxury brands of various international luxury fashion, watches, and jewellery eyeing India for expansion, particularly favoring high streets in all major cities as well as Tier 2 . . #luxurystores #highstreets #fashion #luxuryretail #luxurybrands #surfecesreporters #brands #highstreetsinindia #surfacesreporter #surfacesreportermagazine #reelsoftheday #architectureanddesigners #luxuryretailspaces

• Why Every Bag Has a Story to Tell • What makes a bag more than just an accessory? At Gir Industries, we believe a bag is a storyteller. It carries your essentials, yes, but it also carries a journey of its own—a journey that begins long before it reaches your hands. Here’s what makes our bags extraordinary: ✨ The Artisans: Skilled hands in Jodhpur shape every detail, preserving traditions that have stood the test of time. ✨ The Design: Inspired by India’s historic landmarks and infused with a touch of minimalism for the modern world. ✨ The Materials: Handpicked, sustainable, and crafted to last—because luxury should never come at the cost of the planet. Every stitch, every cut, and every curve is intentional, creating more than just a product; it creates an experience. So the next time you pick up a bag manufactured by us, know that you’re not just holding a bag—you’re holding a story. Which bag in your collection has the most memorable story? Let me know in the comments! #SustainableLuxury #Craftsmanship #HandmadeWithLove #Girindustries #India #B2B

High streets have retained their status as the prime choice for luxury brands in India's top eight cities during 2023. Notably, luxury brands leased 0.3 million square feet of space in high street store formats, marking an impressive 100 percent year-on-year increase. Leasing in luxury mall stores also surged by over 300 percent, totaling 0.24 million square feet. #retailnews #retailtrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailreports #retailtechcase #retailtrends #retailbusiness BY - Vaishnavi Gupta, Senior Correspondent, IndianRetailer.com & Retailer Magazine CBRE South Asia Pvt. Ltd.

it's visible, everybody wants a piece of their favourite luxury brand ( bags, jewellery, shoes, watches, houses, cars.. ....and more)..... yes Mumbai is now the billionaire capital of Asia yes the billionaires and the millionaires are spending more yes the number of HNI and UNHIs are growing at a crisp clip As this unfolds there are a few key levers that need to play out. to start with the luxury brands need to understand the first time Indian luxury consumers better and handhold her( him), she is, - shy - could be more aware - story, history, heritage, association, quality are very important. - conscious ( not really on cost, but commitment to buy) - needs empathy and patience to help the consumers, we need the brands to focus on - awareness - brand story and history - open for conversation - social consciousness - helping the 1st time luxury consumer. - build empathy and softness in the in store experience ( the store ambassadors need to be taught a lot) - Infrastructure - jio plaza is a huge step forward - DLF is doing a lot in Delhi NCR but we need more, much more. ( high streets, shopping villages et al) - platforms like tata cliq luxury could have a huge role to play as luxury spending deepens into the country. they are doing a great job at curation and catalogue however we need more focus on consumer value prop and handholding. - sabyasachi is a great example of a home grown brand and every woman aspires to own a piece of sabyasachi. the new store in Mumbai is like a museum and right fully so. the brand could do well to encourage 1st time sabya ownership aspirants by introducing a tour of the store ( ofcourse ticketed, may be only 10 pax) where they talk about the brand, it's heritage, is social consciousness and it's future. I see it as a powerfull way of engaging with the consumer. ( people will travel to Mumbai only for this, I bet) - Indian designers need to create interaction experiences with the customers and not restrict themselves to the ramps only. ( and please don't leave out the men 😊) - what IFFCI is doing is in the right direction. In India , the consumer will be at the center and everything. The possibilities are endless. it's a wonderfull market for luxury brands. #bulgari #sabyasachi #jioplaza #DLFemporrio #tatacliqluxury gopal asthana, payal s kanwar, anurag mathur, pushpa bector

Redefining Luxury: The Rise of "Made in India" Brands on the Global Stage As the founder of Three Sixty Leather, I am thrilled to share my vision for the future of "Made in India" luxury brands. I firmly believe that Indian companies like mine are poised to make a monumental impact on the global luxury market, redefining perceptions and setting new standards of excellence. I came across this study by Bain & Company which reports that the Indian luxury market is expected to soar to $200 billion by 2030 with a staggering CAGR of 8.5%. At Three Sixty Leather, we embody the essence of "Made in India" luxury with pride. From crafting meticulous products using traditional techniques to innovative design, our commitment to sustainability is unwavering. Imagine a future where "Made in India" is synonymous with luxury and Indian designers and artisans are celebrated on the world stage! The Fashion Design Council of India reveals that the Indian fashion industry is projected to reach $106 billion by 2026, with luxury brands leading the charge. As Indian luxury brands rise to prominence, we have an incredible opportunity to showcase our rich cultural heritage, innovative spirit, and dedication to exceptional quality. Together, we can rewrite the narrative around luxury, making it inclusive, sustainable, and deeply rooted in our cherished values. I envision a future where "Made in India" luxury brands not only compete with international brands but set the benchmark for the entire industry. Through collaborations with global partners, we'll create cherished products that tell our stories and represent our values. This vision is about more than just economic growth; it's about cultural pride, empowerment, and celebrating our unique identity. At Three Sixty Leather, we are committed to redefining luxury through the lens of "Made in India" and shaping the future of the global luxury market, one exquisite product at a time. What role do you think "Made in India" luxury brands will play in shaping the global luxury market, and how can we, as consumers, support this exciting movement? Share your thoughts in the comments below! #MadeInIndia #Sustainability #Craftsmanship #Innovation #ThreeSixtyLeather #IndiaPride

Amidst the hustle and bustle of India's economic landscape, one sector has been making waves like never before - The Luxury Market. ⭐ Two months ago, Goldman Sachs projected a staggering rise in the affluent population, expected to reach 100 million by 2027. 💰 Similarly, Bain & Company forecasts a significant increase in High Net Worth Individuals (HNIs) to 16.50 lakhs and Ultra High Net Worth Individuals (UHNIs) to 19000 by 2027, indicating a burgeoning market with immense potential. 💣 (P.S - HNI have an asset value of $1m & UHNIs have an asset value of $30m) Bain & Company reported that the current worth of India's luxury market stands at a remarkable $17 billion, being ~1% of the global luxury market, which is valued at a staggering $1.6 trillion. 😱 With projections estimating a monumental leap to $90 billion by 2030, the trajectory of growth 💹 is undeniable, don't you think? Coming to luxury 🏡 housing, JLL India stated that the sales surged to an impressive ₹4319 crores in 2023, marking a substantial increase of 51% from 2022. Similarly, luxury car sales 🚗 witnessed a remarkable rise, with 42,731 units sold in 2023, up 20% y-o-y. Lladró, S.A., the Spanish luxury 🗿 porcelain brand, experienced a 3x increase in sales of its Ram Darbar collection during the first three months of 2024 due to the inauguration of Ayodhya Ram Temple. The export of Swiss watches⌚ to India soared to $240 million in 2023, with Ethos Watch Boutiques making projections of selling 100,000 watches per year at an average of CHF 2500 in the next 10 years, reflecting the growing demand for luxury timepieces. Swiss chocolate 🍫 brands like Läderach have witnessed an unprecedented surge in popularity, experiencing over a 5x increase in sales since their launch in India last year. Excitingly in the apparel industry, the Indo-French Chamber of Commerce & Industry (IFCCI) has launched a committee with high-end brands like Christian Dior Couture, Louis Vuitton, and Hermès to create synergy with Indian craftsmanship and understand the opportunities in India. Amidst this flurry of growth and prosperity, which brand resonates with you the most, and what's your take on the Indian Luxury Market? #LuxuryMarket #IndianEconomy #AffluentIndians #LuxuryBrands ✨🛍️🏘️LinkedIn

Creating a brand in the super-premium and luxury segment in India, especially in the high-ticket size category, seems like a nightmare. "It's so capital intensive", "Indian consumers are stingy" and “How would you scale?” are common concerns. Stanley has risen above all these doubts. Through consistent effort and value addition, it has created a formidable brand in the luxury furniture market. Stanley offers the most premium range of leather, fabric, and colors, as well as the highest level of personalization in the Indian furniture segment. Luxury and super-premium furniture manufacturing relies heavily on skilled artisans and craftsmen with rigorous in-house processes. Every step, from designing and precision leather cutting to stitching, is executed in-house by craftsmen groomed over multiple years. The quality and level of customization they offer are unmatched. Whether building for top 100 million or for the Bharat market, creating a 𝐩𝐫𝐞𝐦𝐢𝐮𝐦 𝐕𝐚𝐥𝐮𝐞-𝐏𝐞𝐫𝐜𝐞𝐩𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐛𝐫𝐚𝐧𝐝 is the key with Indian consumers. This makes it essential to build trust and consistently deliver quality over the years. #luxuryindustry #stanley #Entrepreneurs

India’s luxury market: A growing powerhouse for global brands in Vogue Business. The next few years appear promising for luxury brands in India. However, that doesn’t mean it will be without its challenges. A country with unique dressing codes, a flourishing homegrown designer scene and such vast diversity that each state is almost like its own country. To succeed, one must truly understand India. Having the right retail strategy and tapping into the expertise of local talent is vital. With commentary from CHANEL's Amit Goyal, TOD'S Jean Sebastien Berland and AQUAZZURA's creative director, Edgardo Osorio. Data and insights from Euromonitor International and an exclusive peak into the opening of Galeries Lafayette slated for next year in Mumbai. Additional expert commentary from luxury insiders-- DLF Limited's Pushpa Bector, Lighthouse's Anjali Gaekwar , Adityabirla Group's Sathyajit R., Pike and Preston's Rahul Prasad and luxury consultant KALYANI CHAWLA Editor: Kirsty McGregor https://lnkd.in/de8ci_TK

While India's strategy of utilizing bridge brands as a stepping stone towards luxury consumption offers an interesting approach, it inadvertently overlooks the fact that true luxury brands are conceptually different. The transition from bridge to luxury isn't merely incremental; it involves a significant leap in both consumer perception and spending. The absence of a robust luxury retail infrastructure in India is a major hurdle that complicates this transition. However, the introduction of Galeries Lafayette stores in Mumbai and Delhi is a step in the right direction. #myluxurymarketingclass #luxury #india #galerieslafayette