Hyderabad: Rich Indian entrepreneurs are spending their wealth on luxury residences, goods and experiences as they remain optimistic about their business prospects in the home market and ...
Revenue in the Luxury Goods market amounts to US$1.81bn in 2024. The market is expected to grow annually by 4.17% (CAGR 2024-2029). The market's largest segment is the segment Luxury Fashion with ...
Indian entrepreneurs remain optimistic about wealth growth, with 98% confident in their prospects, heavily investing 61% in luxury real estate, 56% in goods, and 44% in experiences, surpassing global ...
Luxury brands have lost about 50 million customers in the past two years, while secondhand businesses and lower-price competitors are seeing upticks in their sales, The Wall Street Journal reports. ...