Luxury

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Reliance Industries Limited FY24 Q4 results: Reliance Retail's annual net profit crosses Rs 10,000 crore

Reliance Industries Limited FY24 Q4 results: Reliance Retail's annual net profit crosses Rs 10,000 crore

Reliance Industries Limited’s results for the fourth quarter of the 2024 financial year show that Reliance Retail's annual net profit crossed Rs 10,000 crore and RIL’s consolidated revenue jumped 2.6%. 
Fashion
Billionaire Pinaults fight to pull Gucci off the discount rack

Billionaire Pinaults fight to pull Gucci off the discount rack

On a recent Friday afternoon, shoppers at a Gucci boutique waded through heaps of heavily discounted, past-season merchandise: Yellow pumps, furry slippers, flamboyant jackets and bright green clutches. 
Luxury
US FTC sues to block $8.5 billion takeover of Capri by Tapestry

US FTC sues to block $8.5 billion takeover of Capri by Tapestry

The U.S. Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion deal to buy Capri saying it would eliminate "direct head-to-head competition" between the brands of the two luxury handbag makers.
Luxury
Valentino Chairman bets quiet luxury is over after Michele hire

Valentino Chairman bets quiet luxury is over after Michele hire

The fashion industry’s era of so-called quiet luxury is over and affluent consumers will want bold designs again, the chairman of Valentino has predicted.
Luxury
Kalyan Jewellers launches new jewellery line in Kolkata with Ritabhari Chakraborty

Kalyan Jewellers launches new jewellery line in Kolkata with Ritabhari Chakraborty

Fine jewellery brand Kalyan Jewellers has launched a new lightweight gold and diamond jewellery line with brand ambassador Ritabhari Chakraborty to celebrate the festival of Akshaya Tritiya. 
Luxury
India's polished diamond exports drop 27.5% as key markets falter

India's polished diamond exports drop 27.5% as key markets falter

​India's cut and polished diamond exports in 2023/24 plunged 27.5% from a year ago to a $15.97 billion due to sluggish demand from the United States, China and the United Arab Emirates.
Luxury
Venice Biennale 2024: Between luxury and conflict

Venice Biennale 2024: Between luxury and conflict

Chaos, conflict and the claustrophobia of consumer culture were at the heart of this year’s Venice Biennale, which ironically has rarely seen an opening week more crammed with activations by fashion and luxury brands.
Luxury
Boat launches first navigation enabled smartwatch 'Storm Call 3'

Boat launches first navigation enabled smartwatch 'Storm Call 3'

Wearables and electronic accessories brand Boat has partnered with deep-tech digital mapping business Mappls MapmyIndia to launch its first ever smartwatch with navigation services. 
Luxury
GIA India celebrates jewellery graduates at Mumbai ceremony

GIA India celebrates jewellery graduates at Mumbai ceremony

The Gemological Institute of America held a graduation ceremony for its jewellery design students in Mumbai to celebrate their work and share industry insights. 
Luxury
Alexander McQueen: Gaelle Collet appointed brand and communications director

Alexander McQueen: Gaelle Collet appointed brand and communications director

Kering's British label has appointed Gaelle Collet, who has worked for Chanel, Dior, Saint Laurent and Celine, among others, as head of brand and communications.
Luxury
Armani "doesn’t rule out" merger or IPO in succession plan

Armani "doesn’t rule out" merger or IPO in succession plan

Three months before his 90th birthday, Giorgio Armani is hinting at possible big changes for his Italian fashion empire once he’s no longer in charge. 
Luxury
Myntra ordered to pay consumer damages in Bengaluru

Myntra ordered to pay consumer damages in Bengaluru

Flipkart’s fashion and beauty arm Myntra has been ordered to pay Rs 28,000 in damages to two of its customers by the Bengaluru Urban Consumer Disputes Redressal Commission for unfair trade practices. 
Fashion
CaratLane partners with Maithree for employment initiative

CaratLane partners with Maithree for employment initiative

CaratLane has partnered with charitable organisation Maithree to launch an employment initiative designed to empower children and persons with intellectual and developmental disabilities. 
Luxury
Boss Bali activation adds unique experience to SS24 launch

Boss Bali activation adds unique experience to SS24 launch

The Boss brand is opening the doors of Boss House Bali to a “select group” of Hugo Boss Experience members, as well as VIP customers, media, and “key tastemakers” from Asia-Pacific with an online global element too.
Luxury
Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton

Furniture Fair: Fashion in search of sustainable solutions with Yves Salomon, Dolce & Gabbana and Benetton

The two luxury brands, along with the Italian retailer, are making a name for themselves at this year's Milan Design Week with some particularly original and environmentally-friendly projects.
Fashion
Two more Arnault heirs join LVMH board

Two more Arnault heirs join LVMH board

Two of LVMH Chairman and CEO Bernard Arnault's sons and heirs were named to the board of the luxury goods conglomerate on Thursday.
Luxury