Luxury Brands

L'Oreal to buy luxury cosmetics brand Aesop in $2.5 billion deal

At L'Oreal, Aesop joins a cast of luxury brands such as Lancome and Yves Saint Laurent as the French company bets on a continued drift toward high-end cosmetics

53% Indians likely to buy art, watches, luxury handbags in 2023: Report

More than half of ultra-high net worth individuals (UHNWIs) in India are likely to purchase art along with watches and luxury handbags during this year for passion-led investment, according to Knight Frank India. Real estate consultant Knight Frank has released its 'The Wealth Report 2023' on wednesday through virtual conference. According to Knight Frank Luxury Investment Index (KFLII), which tracks the value of ten investments of passion, has increased by a healthy 16 per cent during 2022, comfortably outpacing global inflation rate whilst outperforming majority of mainstream investment classes, including equities and gold. Among the ten passion investments, Knight Frank said art was the top performer with a return of 29 per cent in a 12-month period ending December 2022. This was followed by classic cars whose price index has appreciated by 25 per cent YoY (year-on-year) in 2022, highest in last 9 years. As an example, a Mercedes-Benz Uhlenhaut Coup sold in 2022 for USD 143 ...

Flaunt factor: Rising affluence sees India's market for luxury brands swell

China, which is also an important market for luxury brands, has been impacted due to Covid-induced lockdowns over the past two years

Signature luxury: How to build a collection of the finest writing pens

Montblanc, Sailor, Lamy or Sheaffer: the instrument should be good enough to be passed on as a family heirloom

Paintings, photos, passion: How to build an art collection for your home

You could buy a masterpiece or the work of an upcoming artist, but consider these tips to be a connoisseur

Aditya Birla to bring luxury department stores Galeries Lafayette to India

Flagship stores in Mumbai and Delhi will have more than 200 luxury and designer brands

Time for luxury: What to consider when you set out to buy your dream watch

Timepieces costing lakhs of rupees must highlight the owner's taste and personality

Reliance Brands inks pact to introduce luxury brand Balenciaga in India

With this agreement, Reliance Brands will be Balenciaga's sole India partner to launch the brand in the country

RBL signs franchise pact with Balenciaga to introduce the brand to India

With this long-term franchise agreement, RBL will be Balenciaga's sole India partner to launch the brand in the country

Startup style: the smart way of dressing up is to rent your clothes

Lease designer and premium brands from companies that offer attire you can return after wearing for a while

Gurugram: 2 booked for fraudulently taking loans worth crores of rupees

Police here booked two directors of a luxury car showroom for fraudulently taking loan worth crores of rupees using three luxury cars. According to the complaint filed by Jeebu Joseph, branch manager of The South Indian Bank Limited, Gurgaon Sector 23 that Zenica Cars India Pvt. Ltd, located on Golf Course road and an authorised dealer of Audi cars are enjoying three car loans from our branch under one banking arrangement. All three loans were disbursed in 2017. Rashpal Singh Todd and Mandhir Singh, the directors of the borrower company had joined the documents as guarantors to all the three loans. However, the account was classified as non performing asset (NPA) in 2018, it said. "On further enquiry, while scrutinising the list of entities uploaded in Central Fraud Registry [CFR] for the month of September 2018, we had observed that HDFC Bank had classified M/s Zenica Cars India Pvt. Ltd as fraud," the complaint read "Accordingly, an investigation was conducted in the branch it is

What is behind reliance retail's expansion spree?

Reliance recently partnered with GAP to bring the luxury brand to India. Reliance has also brought home some 35 international brands. Let's explore the growth strategy of Reliance Retail.

Your private space: Why designing a bathroom matters

It is the sanctuary at home, plan carefully when you decorate it and mind details in picking accessories

Men's luxury brand portfolio up 46% in 2021 from pre-Covid yr 2019: Report

According to the 2022 edition of Atlas of Affluence (AOA), a white paper on luxury brand from Reliance Brand Ltd (RBL), 57 per cent of men claimed that their fashion spending has increased

Indian fashion designers find ways to make luxury accessible

Expanding his brand's footprint and offering a window into the world of couture, designer Manish Malhotra displayed his new "ease-to-couture" line, DIFFUSE at the recent FDCI x Lakme Fashion Week

Indian luxury handbag brand 'Aranyani' launched in New York

Consul General Randhir Jaiswal, addressing a gathering at the event on Wednesday, said that the launch of Aranyani' symbolises the best of India coming to New York

Gucci powers forecast-beating sales growth in fourth quarter for Kering

The strong comeback by Gucci after a disappointing third quarter will come as a relief for Kering, as the label accounts for 60% of its revenues and around 70% of its profits

Sole searching: Preference for smart casual footwear may outlast pandemic

As some things - like office attire and formal shoes - were pushed to the back of closets, stuff that spelled comfort quickly took their place

Will luxury brands focus more sharply on India in the post Covid phase?

High end luxury brands would be looking at India for their growth in the post Covid phase.

2021, the year that was: Indian couture catches corporate eye

The year was peppered with a slew of corporate acquisitions in labels by leading Indian fashion designers