Category : Search result: luxury retailer crisis


Saks in Talks for $1B Loan Ahead of Chapter 11 Filing

Saks Global Enterprises is negotiating a $1 billion loan for a potential Chapter 11 bankruptcy filing. The luxury retailer missed a $100M interest payment and faces sales decline. Read the full story.

Aishwarya Rai's Mom Bag: The Ultimate Luxury Flex

Aishwarya Rai Bachchan redefines luxury fashion with practical, oversized totes. See 5 times her 'mom bag' choices showcased style, capability, and power. #AishwaryaRai #LuxuryFashion

Canali's 20+ Years in India: Luxury, Craftsmanship & Future

Stefano Canali discusses the brand's 25-year India journey, the success of the Canali bandhgala, the 'smartorial' revolution, and why sustainable luxury starts with durability. Explore the Italian legacy's deep Indian connection.

How Luxury Evolved: From Kings to Millennials

Explore the fascinating journey of luxury from ancient empires to modern India. Discover how exclusivity, hospitality, and guest expectations have transformed over centuries. Read insights from a hospitality expert.

Ludhiana Heater Sales Drop Despite Cold Nights

Ludhiana retailers face unsold heater inventory as mild daytime temperatures of 18-20°C deter buyers. Sales driven only by urgent medical needs. Traders hope for rain to boost demand.

Expert Says Avoid This ₹3.5 Lakh Luxury Tote Bag

Luxury fashion advisor Olga Vilkova reveals why the viral Goyard Saint Louis tote, priced at $4000, is a poor investment due to quality issues and lost exclusivity. Read before you splurge!

Saks Considers Bankruptcy Ahead of $100M Payment

Saks Global Enterprises is exploring Chapter 11 bankruptcy as a last resort before a crucial $100 million debt payment due Dec 30. The luxury retailer's turnaround plan has faltered. Read more.

Luxury Housing Demand Soars in India, Report Reveals

Luxury homes now account for over a quarter of India's real estate supply, up from 16% in four years. Demand is strongest in the Rs 2-5 crore bracket, with Mumbai leading in absolute price. Discover the key trends shaping the high-end market.

8 Luxe Destinations Where INR is Still Strong

The rupee's slide doesn't have to ruin your luxury holiday plans. Discover eight opulent international destinations where the Indian currency still commands impressive value for premium experiences.

India's Rich Spend Crores on Customising Luxury Cars

High-net-worth Indians are driving a luxury car customisation boom, spending up to ₹60 lakh extra on features from diamond-studded headlights to personal colour schemes. Discover the trends redefining opulence.

Go Colors struggles as leggings fall out of fashion

Chennai's Go Colors, India's only listed bottom-wear brand, faces a crisis as its core leggings business declines. With shares down 60% and sales flat, can it pivot from churidars to wide-leg trousers?

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