News
Luxury's Gen Z problem: Aspirations are high, but authenticity matters more than access
8+ hour, 53+ min ago (186+ words) Every generation rewrites the rules a little. Gen Z threw the rulebook out entirely and started from scratch. Apeksha Gupta, Chief Marketing and Growth Officer at Galeries Lafayette India, calls the solution a slow burn. And she embraces it. For…...
Porsche trims board structure amid restructuring and cost pressures
3+ day, 5+ hour ago (247+ words) Porsche is set to reduce the number of its executive board divisions to seven from eight as part of a strategic realignment under new chief executive Michael Leiters, according to a report by Reuters. As part of the restructuring, the…...
Est'e Lauder to cut up to 10, 000 jobs as CEO pushes deeper overhaul
1+ week, 2+ day ago (345+ words) Est'e Lauder Companies is expanding its restructuring plan, saying it could eliminate up to 10, 000 jobs globally, up from an earlier target of 7, 000, as it looks to revive growth after several years of declining sales. The latest move includes up to…...
Luxury has a Gen Z problem. Or does it?
2+ week, 2+ day ago (215+ words) Here is the thing about Gen Z and luxury that nobody wants to say out loud. They are not confused. They are not aspirational in the way brands want them to be. They are not waiting to be discovered, nurtured,…...
Why, Ralph Lauren, why? : Luxury label faces backlash over Bandhani-style skirt
3+ week, 1+ day ago (317+ words) Ralph Lauren is facing backlash on social media after a viral video criticised one of its skirts, with users accusing the label of drawing from Indian textile traditions without adequately acknowledging their origins. The controversy began after a video was…...
Mercedes Benz Sales: Mercedes-Benz India sales rise to 19, 363 units in FY26; premium segment leads gains
1+ mon, 1+ day ago (413+ words) Mercedes-Benz India reported retail sales of 19, 363 units for the financial year 2026, marking a 2% increase over 18, 928 units sold in FY25, as demand for high-end luxury vehicles and electric models continued to gain traction. The German luxury carmaker said growth was led by…...
Please make this stop," say users as Louis Vuitton's "4 lakh watering can bag goes viral
1+ mon, 4+ day ago (303+ words) A new handbag from Louis Vuitton is making waves online, not for practicality, but for its striking resemblance to a common gardening tool. Designed to look like a watering can, the unconventional accessory has quickly become a talking point across…...
Balenciaga or bust? Rs 1. 7 lakh "trash bag" look steals the Beijing red carpet
1+ mon, 2+ week ago (285+ words) Chinese actor Zhang Jingyi drew widespread attention at the Beijing International Film Festival, not for her outfit but for an unconventional accessory that quickly went viral across social media. The 26-year-old appeared on the red carpet in a sleek black…...
Est'e Lauder to acquire full stake in Forest Essentials
2+ mon, 6+ day ago (225+ words) The Est'e Lauder Companies has entered into an agreement to acquire the remaining stake in Indian beauty brand Forest Essentials, subject to regulatory approvals. The transaction is expected to close in the second half of calendar year 2026. Financial details were…...
Aston Martin layoffs: Luxury carmaker to cut 20% of workforce amid US tariffs and weak China demand
2+ mon, 2+ week ago (274+ words) Aston Martin announced on Wednesday that it will reduce its workforce by a further 20 per cent, marking a second round of job cuts as annual profits fell short of expectations due to weak sales and elevated tariffs. The company stated…...