T H E G I S T O C T O B E R 2 0 2 2 India has close to ten lakhmillionaires,a number expected todouble by2026. Luxury brands, right on cue, have their eyes set on the rising love for luxury goods amongst India’s upcoming swish set, and the luxury retail sector is evolving to accommodate their needs. Gone are the days of 2,500 sq ft stores, as brands open 10,000 sq ft plus ‘experience centres’. The pandemic hooked many customers with disposable incomes onto retail therapy, and 2022 has been all about matching that energy offline. Brands are willing to upgrade with unboxing experiences,retail staff ready to provide a seamless experience. This issue we take a look at India’s luxury retail forecast on the one hand, and audiences finally straying from the Big Fat Indian Wedding on the other. The number of attendees might be down, but the spending is not, as wedding planners whisper of the constant hunt for new ideas and exclusive affairs. Payel Majumdar Upreti Spending season S O C I A L M E D I A www.mediascope.co.in www.luxebook.in ADVERTISING SALES Mumbai (022 - 6846 8500) Regional Manager (West) — Katty Gia (+91 98705 32295) • Senior Manager — Lamont Dias (+91 91674 14988) Delhi (011 - 4562 5810) Sr. General Mgr. (North) — Asha Augustine (+91 98182 80431) Kerala (+91 94140 69321) — Sanjai Krishnan Manager Mktg. Services — Salim B • Client Servicing Manager — Reshma Malvankar Founders — Marzban Patel / Anita Patel • Director Publishing — Indu Joshi • Chief Marketing Officer — Apeksha Mehta Editor — Payel Majumdar Upreti • Writers — Arushi Sakhuja, Schenelle Dsouza, Jade Crasto Creative Director — Muhammad Jaan Faruqui This magazine is printed by and produced by Mediascope Representation (India) LLP. Opinions herein are the writers’ and do not necessarily reflect the opinions of Mediascope. Editorial enquiries concerning the reproduction of articles, advertising and circulation should be addressed to: LuxeBook, Mediascope Representation (India) LLP., 51, Doli Chamber, Arthur Bunder Road, Colaba, Mumbai 400005, India. Email: luxebook@mediascope.co.in. Material in this publication may not be reproduced, whether in part or in whole, without the consent of the publisher.
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