Luxury Purchase

Companies

Swarovski sees India business doubling in 4-5 years as it steps up store investments

Swarovski plans to double its India business in four to five years through store expansion, affordable products and festive marketing. India sales rose 26% to ₹478 crore in FY25.

4 min read12 Oct 2026
Companies

Beyond modern masters: Indian art is being reshaped by confident domestic buyers as auction market triples

From ₹700 crore in 2020 to more than ₹2,400 crore in 2025, India's art auction market has tripled, widening its buyer demographics. Increased access to information has empowered collectors, while emerging private museums support a vibrant, growing ecosystem of artists and cultural institutions.

6 min read21 Sep 2026
News

'Indians are spending more on art, but don’t mistake art for investment'

Veteran gallerist Dadiba Pundole highlights art as a legitimate investment, citing an expanding base of wealthy collectors and greater market transparency as key factors driving interest and potential growth.

4 min read7 Sep 2026
Industry

India’s art market is running on old masters and new money

The biggest sale in the first half of 2026 came from an earlier generation. Raja Ravi Varma’s Yashoda and Krishna (1890) sold for ₹167.2 crore at Saffronart’s April sale in Mumbai.

4 min read18 Aug 2026
Companies

DLF maps ‘luxury ladder’ across malls as it segments retail portfolio by consumer spend

As retail consumption surges, DLF is repositioning its malls to focus on accessible luxury while maintaining high-end offerings. With ambitious expansion plans, including a new mall in Goa, the developer aims to enhance consumer spending experiences and capitalize on a growing affluent market.

4 min read14 Aug 2026
Industry

From Balenciaga’s trash bag to Lamborghini strollers, weird is the new luxury flex

Strange, highly expensive and often difficult to justify on conventional luxury grounds, wealthy shoppers are splurging on limited-edition products that are hard to source.

5 min read10 Aug 2026
Companies

Aditya Birla Fashion bets big on luxury

ABFRL aims to expand Parisian department store chain Galeries Lafayette in India, launching an outlet every two years. Following a successful Mumbai store, a second outlet is in the works for Delhi, targeting the growing domestic luxury market, now valued at $8-16 billion.

6 min read30 Jul 2026
Companies

FNP bets on q-comm amid instant gifting boom, eyes IPO in 2 years

Ferns N Petals is ramping up its quick commerce efforts, targeting ₹1,400 crore in revenue by FY27. The company is addressing consumer demand for instant delivery by diversifying its offerings and investing in supply chain improvements to improve margins.

4 min read29 Jul 2026
Companies

One or two stores can't serve all of India anymore: Bharti Real Estate CEO

India does not lack retail real estate in terms of total square footage but well -located, professionally managed, institutionally owned Grade A and A+ mall space that can meet large national and international retailers' needs, says Bharti Real Estate MD & CEO

4 min read27 Jul 2026
Companies

Adani-backed Cococart expects appetite for imported chocolates to grow

The Adani-backed Cococart is bringing to India at least two new imported chocolate brands, as well as a bakery-café and a coffeehouse from Europe.

4 min read2 Jun 2026