October 10, 2024
Armani Cafe Makes Indian Debut At Jio World Plaza In Mumbai
In a major landmark for luxury retailing business in India, this International fashion major Giorgio Armani has parked its entry into hospitality sector in India by opening Armani Cafe at Jio World Plaza in Mumbai. This new chapter in the luxury dining experience may well open for the Indian consumer will help fortify the perception […]
Global Luxury Market Faces Challenges As Consumer Spending Slows
The global luxury goods market is at a crossroads and may be ripe for slowing down, as recent data suggest changes in consumers’ behavior and economic conditions in major countries. It has attracted the attention of industry stakeholders and market enthusiasts, paving the way for a reassessment of growth plans and forecasting of the marketplace […]
LVMH Acquires Minority Stake In Moncler Signaling Strategic Shift
LVMH the world’s largest luxury products conglomerate has recently signed on as a minority investor in Moncler, the Italian luxury outer wear maker. The strategic investment has been made along with Remo Ruffini, the Moncler’s CEO and the largest shareholder to signify the new era of luxury fashion and accessories market. Here is the major […]
Miu Miu Continues Explosive Growth Amid Luxury Market Slowdown
Miu Miu the Italian brand in luxury fashion is a leading brand that has effectively set an deviation against the market slow down by scoring a staggering 58% in the last year alone. The recent achievements of the brand have attracted the interest of industry observers and rivals to examine further how this performance has […]