LUXURY RETAIL EXPANSION IN INDIA
Jagannath temple priest to develop Rs 200 cr spiritual luxury resort project in Puri
A priest from the Jagannath Temple in Puri is launching a 300-room luxury resort with a strong spiritual focus. The Rs 200 crore project features a beachside, vegetarian, non-liquor retreat, aiming to combine spiritual tranquility with modern amenities. Set to open before Rath Yatra 2026, the resort targets spiritual tourists and high-end travellers.
The MOAT way: A different approach to long-term investing. 5 non-FMCG consumer stocks with upside potential up to 25%
Companies with well-established brands have often shown that, despite market fluctuations, brand strength sustains them through tough times. Both in terms of business stability and long-term stock performance. While inflationary cycles do impact discretionary spending, the Indian economy presents a unique case. Inflation levels, although currently higher than in the recent past, have averaged significantly lower over the last decade, compared to the previous one. This has allowed consumer-facing businesses to grow steadily even when conventional wisdom suggested they would struggle. Over the past 10 years, companies with strong brands have managed to expand market share, retain pricing power, and maintain customer loyalty, enabling them to defy expectations.
Tourism, weddings, and MICE drive India’s hospitality growth; Indian Hotels, Lemon Tree top buy
The Indian hospitality sector is experiencing strong growth in 2025, driven by increased demand from MICE, cultural festivals, and the wedding season. RevPAR is expected to rise 12-14%, with metro cities seeing surges in business and event-driven tourism. Government initiatives, infrastructure improvements, and rising foreign tourist arrivals further support long-term growth, positioning India as a competitive global tourism hub.
DLF to invest Rs 6,000 cr to construct 75 lakh sq ft office, retail spaces in Gurugram
DLF's rental arm, DLF Cyber City Developers Ltd, will invest Rs 6,000 crore in Gurugram to develop 75 lakh square feet of premium office and retail spaces, including DLF Downtown and DLF Mall of India. The firm aims to meet demand for high-quality green commercial properties, with increased rental income from higher occupancy and rent appreciation.
Time to dress up, kiddo: As foreign and indie brands step in, premium kidswear segment is buzzing in India
Suri Cruise paved the way for a trend in premium kidswear, now popular among children of celebrities like North West and Blue Ivy. In India, brands such as Sher Bache and Jacadi Paris are leading the charge. The market is evolving with a focus on quality, exclusivity, and sustainability, indicating significant growth potential in the luxury children’s clothing segment.
South City Mall-Blackstone deal 'speculative', no urgency to clinch sale: Consortium partner
South City Projects' consortium has labelled reports of a potential USD 400 million deal with Blackstone as speculative. The consortium has received offers from several funds but insists there's no urgency to finalize a deal. They are also considering expanding by acquiring DLF IT Park II and possibly floating a REIT.
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Beyond metros: Tier II and III cities emerging as real estate growth hubs
Tier II and III cities in India are emerging as significant players in the real estate market, driven by affordability, infrastructure development, and improved connectivity. These cities now account for nearly half of all land acquisitions by developers, indicating a shift in investment focus and driving sustainable growth.
India-UK FTA: A game-changer for Indian couture? Sanjay Nigam weighs in
The India-UK FTA negotiations are nearing conclusion, promising to revolutionize Indian fashion's global reach. This trade agreement is set to eliminate restrictive tariffs, enabling Indian designers to compete on equal footing internationally and unlocking significant opportunities for the textile and apparel sector.
Marriott Hotels and SmartHomes Infrastructure collaborate to bring Dholera’s first luxury hotel
SmartHomes Infrastructure and Marriott Hotels have partnered to establish Dholera's first 5-star hotel, boosting the city's reputation. This collaboration enhances Dholera’s hospitality sector, underlining its importance as a modern business and tourism hub with state-of-the-art infrastructure, luxury accommodations, and sustainable development. The partnership is seen as a significant milestone for the city’s growth and attractiveness to global investors.
European shares fall as tariff uncertainties weigh; US jobs data in focus
European shares fell on Friday as frequent shifts in U.S. trade policy throughout the week resulted in risk aversion, while focus remained on the day's upcoming key U.S. jobs data.
D2C brands realign leadership hiring strategies to match growth and omnichannel expansion: Report
In 2024, leadership hires in India's direct-to-consumer sector focused on business and operations to drive retail expansion and revenue growth. The shift indicated a move from tech-heavy to omnichannel and strategic leadership, emphasizing long-term profitability and operational efficiency.
Delhi ahead of global iconic cities, Prague and Madrid, in luxury housing price rise: Knight Frank report
Delhi secured 18th position among 100 global cities in luxury housing price growth, improving from 37th last year with a 6.7% YoY increase. Knight Frank's report also highlights Mumbai and Bengaluru's performance, showing remarkable growth in India's high-end real estate market.
Delhi ranks 18th, Mumbai 21st, Bengaluru 40th globally in luxury housing price rise: Knight Frank
Delhi has jumped to 18th position among 100 global cities for luxury housing price growth, achieving a 6.7% annual increase in 2024. Knight Frank's report highlights significant improvements in Indian cities, with Bengaluru reaching 40th rank and Mumbai slipping to 21st.
Reliance, DMart and other top retailers go easy on store launches as slowdown hurts
India experienced a significant slowdown in new store openings in 2024, with only an average of three new stores added daily compared to ten in 2023. Top retailers faced tepid demand in discretionary categories, leading to cost cuts and slow expansions, but they are now gearing up for the next phase of growth.
Stock market woes hit retail sales across sectors
Recent stock market volatility is impacting consumer goods sales, including two-wheelers, luxury cars, and electronics, as many Indians shift their savings to investments. This decline in sales is attributed to negative sentiment around market fluctuations, affecting discretionary purchases and delaying consumption recovery.
The billionaires' club gets bigger on economic boost
India's economic growth and entrepreneurial spirit have led to a significant increase in the number of billionaires, positioning the country as a major global wealth creator. With 191 billionaires, India ranks third worldwide, contributing to the expansion of luxury property markets in cities like Mumbai, Delhi, and Bengaluru.
India’s rising wealth expands billionaire, HNI count, drives luxury realty
India's economic growth has propelled the rise in billionaires and high-net-worth individuals, reaching 191 billionaires. This surge in wealth has boosted the luxury property markets in Mumbai, Delhi, and Bengaluru, which excelled in global rankings for price growth. Key factors include entrepreneurial dynamism and global integration.
India's millionaire population rise 6 pc in 2024; number of billionaire reaches 191: Knight Frank
The population of Indian high-net-worth individuals increased by 6% to 85,698 in the past year. The wealth landscape in India continues to expand, reflecting strong economic growth and rising investment opportunities, with expectations of further increases in the HNWI population and billionaire ranks by 2028.
Luxury property price boom: See how much $1 million buys in global cities
Monaco remains the costliest city for real estate in 2024, with $1 million buying just 205 sq ft. Meanwhile, Dubai, Seoul, and Manila lead in price growth for luxury properties. Indian cities like Delhi and Mumbai are also seeing rising demand, driven by an increasing population of billionaires and high-net-worth individuals, contributing to significant market shifts.
NapTapGo raises $500,000 in pre-seed funding from T9L Qube
The company, supported by T9L Qube, aims to expand in the $20 billion market with 80 new pods in the next 5 years, targeting solo travelers, working professionals, and religious visitors.
Bryan Adams on music, photography and the luxury of simplicity
Singer Bryan Adams has sold more than 100 million records, but what he craves most is life’s authentic moments.
Prada shines despite luxury crisis, Versace rumours swirl
Prada's net profit surged 25% to 839 million euros in 2024, surpassing analyst expectations. Amid a luxury market slowdown, Prada's strong sales growth contrasts with competitors. The brand is in exclusive talks to acquire Versace for nearly 1.5 billion euros, potentially boosting Italy's influence in the luxury sector dominated by French groups.
Insiders only: How the ultra-wealthy shop
Luxury for the ultra-rich now emphasizes exclusivity and personalized experiences. Brands offer private shopping lounges, specialized boutiques, and invitation-only events to cater to high net worth individuals.
Where to invest in a falling market? HDFC Bank & Cholamandalam Investment top buy for 1 year time horizon
The RBI's decision to restore risk weights on bank loans to NBFCs and MFIs improves capital efficiency and enhances credit flow, supporting economic expansion. This regulatory measure lowers capital requirements, aiding banks and NBFCs in stabilizing their capital adequacy and boosting lending capacity.
Ethos ticks well on D-St with rising sales of luxury watches
Ethos added five new stores in the December quarter and 13 in the first nine months of FY25, taking the total count to 73 stores. The company aims to open six more boutiques by the end of FY25. It has signed six exclusive brand partnerships since April, with more collaborations in the pipeline.
India's retail market reaches Rs 82 lakh crore in 2024, with continued growth expected
India’s retail market soared to ₹82 lakh crore in 2024 from ₹35 lakh crore in 2014, driven by economic growth and a diverse consumer base. The market is set to reach over ₹190 lakh crore by 2034, with retailers needing to navigate varied demographics and consumer behaviors to thrive.
Indian retail market pegged at Rs 190 lakh crore by 2034; retailers embracing diversity to gain: BCG-RAI report
The Indian retail market is projected to surpass Rs 190 lakh crore by 2034, driven by economic growth and a diverse consumer base. Success requires retailers to navigate the complexities of India's varied demographics and consumer behaviours, balancing aspiration with affordability and embracing online and offline strategies.
India is the fastest growing market for US Polo: CEO
US Polo has seen remarkable growth in India, becoming its third largest market after the US and Turkey. The brand's sales have doubled to $2.6 billion in 2024. India now contributes significantly to the global turnover and is a crucial market with potential to become its largest in the future.
Organised retail set to reach $230 billion by 2030: Deloitte-RAI report
India's organised retail sector is growing quickly and is expected to reach USD 230 billion by 2030. This growth is driven by rising income levels, GenZ influence, and easier credit access. Private consumption has increased significantly, transforming the retail landscape with a shift towards organised retail. This creates vast opportunities for businesses aligning with these trends.
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