Today we are delighted to bring you the first installment of India Inc., a regular column on the Indian luxury market by Bandana Tewari. MUMBAI, India — Atop Aer, a tony roof-top bar at the Four Seasons with a sweeping panorama of slumdog-Mumbai — a circuitous medley of high-rises and slums alike — the time at which you arrive for a “Worli Sunset,” a vodka and mandarin cocktail named after the neighbourhood, says a lot about you.
In our second article this week focused on India, we investigate the barriers impeding the growth of India’s international luxury goods market, which go beyond the recently lifted restrictions on foreign direct investment. MUMBAI, India — “By the end of 2015, emerging markets should account for more than 50 percent of luxury sales,” Antoine Colonna, a luxury analyst at the asset manager Carmignac Gestion in Paris, told The
PARIS, France — Bandana Tewari has made a name for herself as one of the fashion industry’s smartest commentators. As fashion features director of Vogue India, she has quickly become the go-to source for anyone who wants to learn about the country’s rapidly evolving luxury market. Recently, she was named to Industrie magazine’s Fashion Media A-list, alongside other leading fashion commentators including Cathy
MUMBAI, India – From the minute I landed in Bombay—as everyone here still calls it—the rapidly shifting nature of contemporary India was apparent. Instead of waiting in agonisingly long queues at the airport, I breezed through immigration, customs and bag collection in only 45 minutes. That’s faster than one can make it through most terminals at Heathrow or JFK these days. Outside the airport, cranes building a new terminal towered
MUMBAI, India — According to Forbes, India has the fastest-growing population of millionaires in the world. But for Western luxury brands operating in the country, grabbing a piece of the market has proven more difficult than anticipated and many are in the process of re-conceiving their India strategies. Part of the problem is that Western luxury brands don’t seem to understand Indian consumers. When they first entered
We’re wrapping up BoF India Fashion Week with the wonderful story of Shilpa Chavan, a Bombay milliner whose sophisticated urban headdresses have caught the attention of Style.com and ended up at the AlSabah Art & Design Gallery in Kuwait. MUMBAI, India — There’s no doubt that India is a treasure chest of craft and creativity. Indeed, these were the two words most heard at the recently concluded IHT conference in New
On Day Three of India Fashion Week on BoF, we take a look at the burgeoning menswear market, which is increasing in size, but also sophistication. MUMBAI, India — We are witnessing a seismic shift in the menswear industry in India today. Indeed, the Indian man has finally come into his own. In a sartorial sense, he knows what he wants, isn’t afraid to experiment, and is willing to spend on the best. He has a deeper
[caption id="attachment_3333" align="alignnone" width="500" caption="Dries Van Noten, courtesy of IHT"][/caption] It's day two of the BoF India Fashion Week and today we turn our attention to Sustainable Luxury, the theme of the most recent IHT Luxury Conference, held this year in India, home of age-old craftsmanship and artisanale traditions. NEW DELHI, India — "What does an economic collapse and a terrorist attack have to do with sustainable luxury?" Everything, strategist and author Jem Bendell suggested as he addressed the attendees of the International Herald Tribune's annual conference on Luxury held last week. The event was re-scheduled from December of last year, due to the 26/11 attacks on Mumbai. The topic for this year's conference was Sustainable Luxury—a phrase whose meaning…