Luxe Unlimited

Sulekha Nair
Posted: Sunday, Sep 07, 2008 at 2318 hrs IST
Updated: Sunday, Sep 07, 2008 at 2318 hrs IST

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Inflation may touch 10% by end March Inflation up at 0.83% on higher food prices Hoarding drives food inflation by 16.32%Inflation a matter of concern: FM

: experience and understanding of luxury and premium products; coupled with the fact that market opportunity for exclusive stores is largely limited to Delhi, Mumbai and Bangalore.

There are no luxury retail environments available, besides the five-star hotels. Moreover, if the luxury labels are willing to allow themselves a gestation period, there is no need to shut shop.

The future? Analysts forecast that product categories, like accessories, men’s clothing, fragrances and cosmetics, could create inroads for the larger consumer base....

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