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21. Myntra appoints AmitMahajan as new Vice President-FWD
(Apparel)
... being targeted by various brands, particularly those in the direct-to-consumer (D2C) segment. According to a joint report by Bain & Company and Myntra, the Gen Z consumer group represents 25 per cent ...
Created on 13 August 2024
22. RBL to expand luxury retail chain, ‘The White Crow’ across India
(Apparel)
... retail formats to cater to the expanding base of luxury shoppers. A report by Bain & Company projects, rapid economic growth and an increase in the number of ultra-high-net-worth individuals will drive ...
Created on 12 August 2024
23. India's online fashion, lifestyle market set to boom, Gen Z leading the charge, finds anew study
(Apparel)
...  India: Decoding India’s Online Fashion and Lifestyle Shopping Trends." Conducted by Bain & Company in collaboration with Myntra, the report paints a rosy picture for the country's e-commerce landscap ...
Created on 09 August 2024
24. India's Booming Fashion Luxury: Top cities vying for a slice of the billion dollar pie
(Apparel)
... . But which cities hold the most potential? The Indian luxury market has witnessed a meteoric rise in recent years. A Bain & Company report states, the market is expected to grow at a CAGR of 18-20 p ...
Created on 02 August 2024
25. Shoppers Stop to venture into luxury retail with large-format standalone stores
(Apparel)
...  notes Shriram PM Monga, Co-founder, SRED, a of retail consultancy firm With limited luxury-dedicated malls in India, the demand for luxury retail spaces remains high. According to a Bain & Co report ...
Created on 12 July 2024
26. WROGN bags Rs 125 crore investments from TMRW House of Brands
(Apparel)
... experience, and tech-led scaling approach. According to a recent report by TMRW and Bain & Company, valued at $110 billion, the fashion and lifestyle sector is India’s second-largest consumer category, ...
Created on 20 June 2024
27. Indian luxury fashion booming driven by wealthy consumers and evolving tastes
(Fashion)
India’s luxury market is projected to be worth$90 billion by 2030, a staggering 3.5 times its current size, says a report by Bain & Co, a consulting major. Covering a range of products from personal luxury ...
Created on 10 April 2024
28. Is India the breeding ground for the next Chanel?
(Apparel)
... t ready? Sizing up ‘Aspirations vs. Reality’ While projections like Bain & Company's $200 billion market size by 2030 paint a rosy picture, the current reality might be more nuanced. A significant port ...
Created on 01 April 2024
29. Indian luxury poised for global takeover, says Business Standard Manthan Summit
(Trade)
... $200 billion by 2030 according to Bain & Company. Shifting consumer preferences and corporate backing fuel growth Consumers are also playing a crucial role. Pushpa Bector, a senior executive at DLF ...
Created on 30 March 2024
30. The Souled Store shifts focus to sneakers and women’s wear in 2024
(Apparel)
...  product portfolio, all while sustaining its online growth trajectory. This intensified focus on Gen Z shoppers is in line with prevailing market trends. A report by Bain and Co. indicates that one-thir ...
Created on 20 March 2024
31. India's Luxury Market: Thrives on established labels, accessible brands and homegrown talent
(Lifestyle)
...  of luxury As per Euromonitor International, India's luxury market is expected to reach Rs 82,186 crore by 2027, up from Rs 53,561 crore in 2022. Bain & Company forecasts an even more dramatic increas ...
Created on 19 March 2024
32. The Rise of Ready-to-Wear Luxury in India: Homegrown labels leading the way
(Fashion Week)
...  well-designed pieces that are more accessible than traditional haute couture. Bain & Company predicts India's RTW market to reach a staggering Rs 12,500 crores by 2025, a testament to its booming potentia ...
Created on 15 March 2024
33. Santoni to set up two luxury boutiques in India by 2026
(Retail)
... al. Experts predict even more substantial growth, with a Bain & Co. study projecting a 3.5-fold increase by 2030. This surge is propelled by India's rapid economic expansion, currently outpacing major econ ...
Created on 05 March 2024
34. Stitching Growth: Fashion and apparel's share in India's consumption boom
(Brands-To-Retail)
... th consumers seeking luxury experiences and designer labels. Think Zara, H&M, and Indian high-street brands like Fabindia. As per Bain & Company, the premium segment grew at a CAGR of 15 percent from 2017-20 ...
Created on 15 February 2024
35. Retail leasing by luxury brands rises to six-year high in 2023: CBRE
(Retail)
... . It accounted for almost 25 per cent in 2023 compared to 14 per cent in the previous year. India’s luxury retail market is expected to $85-90 billion by 2030, as per a Bain & Co report. This growth wi ...
Created on 07 February 2024
36. From Metros to Small Towns: India's luxury landscape expands as brands woo with bespoke experiences
(Lifestyle)
...  crore and 31 per cent profit rise to Rs 54.3 crore in FY23. Similarly, Christian Dior India recorded 20 per cent sales growth to Rs 183.22 crore in FY23. As per Bain & Company the market itself is projecte ...
Created on 05 February 2024
37. India's Billion-Dollar Dream
(Article)
... $7.86 billion market, already one of the fastest-growing globally, is projected to surge by 3.5 times by 2030, according to Bain & Co. This translates to a CAGR of a staggering 1.34% between 2024 and ...
Created on 17 January 2024
38. India’s luxury goods market to grow at 1.34% CAGR from 2024-2028: Report
(Lifestyle)
15 January 2024, Mumbai Currently worth $7.86 billion, India’s luxury goods market revenue is projected to grow at 1.34 percent CAGR from 2024–2028. As per a report by Bain & Co., India's luxury marke ...
Created on 15 January 2024
39. WHY India: From Frugality to Flourish, Luxury Takes On Desi Dazzle
(Article)
...  coincidence  This is no fleeting trend. From a mere $8.5 billion today, India's luxury market is poised to explode to a staggering $85 billion by 2030 (Bain & Co. report).  Why the sudden surge? A wa ...
Created on 23 December 2023
40. Luxury brands launch customised collections for Indian sensibilities
(Fashion)
... $85 billion by 2030, as per a Bain & Co. report. The new paradigm; The growth will be driven by the rising number of wealthy consumers with high disposable incomes. By 2027, India is expected to witness ...
Created on 21 December 2023