Christian Dior News

₹265.4 crore, Christian Dior's slipped slightly to ₹257 crore from ₹265.7 crore in FY24, and Louis Vuitton's eased to ₹802.47 crore from ₹816.24 crore in FY24.In contrast, the more upmarket Hermès India, which caters to ultra-rich buyers, continued to expand, with revenue rising to ₹427.9 crore from ₹322.2 crore and net profit increasing to ₹83.7 crore from ₹72.7 crore. Swiss watches also outperformed, with sales rising to about ₹3,500 crore from ₹3,244.6 crore in 2024, according to the Federation of the Swiss Watch Industry FH.The divergence could be a sign of a broader market dynamic at play, say experts.

Subscribe to enjoy similar stories. Can a pattern make you happier? Yayoi Kusama thinks so. Of polka dots, her signature motif, the spot-obsessed Japanese artist wrote: “They scatter proliferating love in the universe and raise my mind to the height of the sky." The polka dot is anarchic and exuberant, classic yet effervescent.

The Paris-based fashion house, Maison Margiela, has announced that British designer John Galliano is leaving the company after 10 years as artistic director

Subscribe to enjoy similar stories. Louis Vuitton’s owner seems surprised at how quickly Chinese consumers have closed their wallets and abandoned its brands. It has no obvious place to turn to next for growth.

These may be the most luxurious Olympics ever

The price of a basic Hermès Birkin handbag has jumped $1,000. This first-world problem for fashionistas is a sign that luxury brands are playing harder to get with their most sought-after products. Hermès recently raised the cost of a basic Birkin 25-centimeter handbag in its U.S.

Reports this week in Mint on the government’s new quality-control orders on high-end luxury shoes from Louis Vuitton and Christian Dior included the gem that the shoes certified appropriate for pampered Indian women’s feet would be mandated to have an ISI stamp (a sign of Indian Standards Institute approval) to embellish them. This sounded like a comic skit of the new licence raj, written not by Kafka but by those who made Carrie Bradshaw and her love of swanky Jimmy Choo shoes a key theme of the TV series Sex and The City. Such certification is impractical.

By Mimosa Spencer

By Mimosa Spencer

Chanel creative director Virginie Viard whipped extra airiness into the luxury label's spring/summer haute couture show, with thin veils and tufts of tulle that floated down a carpeted runway. The audience sat in a ring under a gigantic button — stamped with the label's logo. Moving down from the ceiling, it announced the start of the show, tilting toward the photographers podium. Leading the line-up, actor Margaret Qualley was all in white.

Lauren Sánchez spills the beans on the daily life of her and Jeff Bezos in a recent Vogue profile. From morning journaling to family movie nights (recently featuring Barbie and Oppenheimer), the couple's routines are surprisingly relatable, giving a down-to-earth touch to their high-profile existence.

Birkenstock Holding Plc, the 249-year-old footwear brand, stumbled onto Wall Street last week in a debut that could quash the fledgling rebound of initial public offerings.

Scarlett Johansson has expressed admiration for Pamela Anderson's 'powerful' no-makeup appearance at Paris Fashion Week. Anderson, aged 56, made headlines by attending the star-studded event without any makeup, garnering widespread attention and commendation, including from «Black Widow» star Johansson. In an interview published recently, 38-year-old Johansson described Anderson's choice as sending a «powerful message». Her sentiments align with those expressed by Jamie Lee Curtis earlier in the month regarding Anderson's look. The 'Black Widow' star told Popsugar: «I think it is definitely different to see somebody that's in the public eye, a woman in the public eye, go to a fashion show or big event with no makeup on. It's just very different from what we're used to. It's a powerful message for women to see that, whether they follow suit or whatever the effect is, in the zeitgeist. It's powerful for women to see other women rejecting standard beauty norms.» Johansson recently revealed that she suffered with acne as a teenager and and suffered from «painful memories» when looking at old pictures of herself. Meanwhile, some trends stood out from the spring-summer 2024 womenswear collections at Paris Fashion Week, which ends on Tuesday, as did mounting concerns over the industry's environmental impact. A lot of designers were keen to drain the colour from spring and summer. Christian Dior, Saint Laurent, Victoria Beckham, Mugler and hyped newcomer Peter Do were among the many brands with muted, often monochrome palettes. Some observers were dismayed and also felt there was a lack of innovation.

Gucci, Cartier, and Louis Vuitton, among others, have signed leases for retail spaces in a new Mumbai mall developed by Asia's richest Mukesh Ambani, as the brands and Reliance Industries look to tap lucrative prospects presented by India's robust economic growth and the swift increase in the number of millionaires. Jio World Plaza is likely to open this year, Reuters said citing an unnamed source. The new mall is situated within Reliance Industries' extensive $1 billion business and cultural complex in Mumbai's bustling business district. India is turning into a magnate for luxury brands. More than a dozen luxury consumer goods brands are entering the country ahead of the festive season, as they look to attract consumers in a market riding on the growing affluence of Indians with higher incomes, spurring greater discretionary spending even in small towns. The trend is being driven by increased exposure to global trends, younger people buying luxury products, and a post-pandemic boom, all of which are stoking interest from western luxury brands, executives said. While a K-shaped economic recovery in India is also seen to be a strong trend, according to several economists, the Asian economy has beaten almost all countries in terms of rising wealth. Remember India is home for some of the world's richest including Mukesh Ambani and Gautam Adani. For the first time since the global financial crisis of 2008, global household wealth in 2022, measured in US dollars, registered a collective decline both in nominal and real terms, encompassing aggregate and per-adult figures. Significantly, wealth per adult also saw its second-largest reduction since the turn of the century.

New Delhi: French luxury fashion house Christian Dior has leased two large units in Jio World Plaza, a yet-to-open luxury mall, part of Jio World Centre, in Mumbai's Bandra-Kurla Complex, signaling a push by the world's top luxury brands to lure wealthy Indian shoppers. Christian Dior Trading India Pvt Ltd has signed a 9.5-year lease agreement with Reliance Industries Ltd. to lease two units on the ground floor of the Plaza, paying a starting monthly rent of ₹21,56,310 for a total chargeable area of 3,317 sq.ft, according to data accessed by FloorTap.com, a marketplace for commercial properties.

Richemont led luxury-goods stocks lower amid concerns that demand in the US and China, two of the biggest markets for the industry, is starting to sputter.

TAG Heuer has announced that it will now accept online payments in cryptocurrency in US