Festival season is a buyer’s market for fashion-forward Indian consumers, with much of the spending on textiles, garments, and jewellry. International brands are taking notice of the growing appetite of India’s affluent classes for luxury and responding with collections to satisfy their tastes.
When HNWIs have the wealth to enjoy all earthly delights available on the planet, the only next logical step is to look beyond it. Why are the ultra-wealthy taking extreme risks to travel to the final frontiers, and how can brands tap into this appetite for exploring the limits of human experience?
Thailand's T-Wave, driven by BL series and T-pop, has pushed far beyond the walls of the country and Southeast Asia into hearts across the globe. Transnational fandoms amplify Thailand's global impact, offering luxury brands a lucrative market among its superfans by exploring localised branding.
The story of Indian Gen Y and Gen Z changing the face of weddings is also a story of self-awareness, finding a voice, and clarity of thought. All stakeholders of India’s multibillion-dollar wedding industry have realised that they can’t take young brides for granted and must cater to their desires.
Why do Korean young adults spend on luxury items and experiences they can’t afford? How does their desire for personal freedom – including their disinterest in marriage and children – reconcile with the country’s traditional collectivist culture? This Cultural Snapshot uses local stats to explore the behavioural norms shared by people in South Korea in 2024.
Luxury watches have been a globally appreciated status symbol for decades. Amid advances in smartwatch technology, the rise of Gen Z, and macroeconomic conditions, what are the challenges and hopes for the future of the market? We spoke to luxury watch expert Ariel Adams to find out.