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Luxury in our lap
- Article from:
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The Hindustan Times
- Article date:
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June 12, 2008
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Copyright informationCopyright © HT Media Ltd. All Rights Reserved. Provided by ProQuest LLC. (Hide copyright information)
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Hindustan Times
NEW DELHI, India, June 12 -- Conspicuous consumption gets more conspicuous by the minute in India. Last week, HT City told you about the luxury brands waiting to set foot in the Indian market. Now, Timex is bringing the super-exclusive Ferragamo, Versace and Valentino labels into the country.
Label me rich
According to market researcher AC Nielsen, 57 per cent of Indians see labels as status symbols. Ready to feed this craving, at least 300 foreign brands are eyeing the luxury market here, according to a report in Time. Stating how luxury has long been a part of India's tradition, Karishma Manga, brand manager, Dior watches, cites the incredibly opulent lifestyle of the ...
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