H&M remains the most popular fashion brand globally with Zara, Adidas, Asos and Nike also in the top five of brands consumers are searching for, while French luxury labels are performing strongly, new figures show.
India’s leading luxury watch retailer Ethos Watch Boutiques is planning to enter the premium second hand watch market and targeting to generate revenue of Rs 100 crore from this segment in next five years.
The multi-brand luxury watch retailer Ethos is hoping to recover from the previous year’s slump during the new financial year and, hoping for no surprises this year, aims to double turnover in the next three years.
Nike has dominated Brand Finance's most valuable apparel brand ranking in 2018, followed by giants H&M and Zara and Adidas, with luxury labels Hermès, Louis Vuitton, Gucci and Cartier all trialling close behind.
A boom in online luxury goods sales is finally convincing high-end watchmakers, long sceptical that customers would pay thousands to buy intricate timepieces on the web, to step up their investments in e-commerce.