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June 23, 2024

Luxury news highlights: Jio World Plaza opens for public

The week, rather the year has been brimming with news in the luxury world. With the latest opening of luxury mall Jio World Plaza in Mumbai, the month of November has started with a bang in the nation. Here’s looking at all the luxury news that made headlines this week.
Jio World Plaza opens in Mumbai
Luxury news
Photo Courtesy: Jio World Plaza/ Instagram
A star-studded affair in the heart of Mumbai, the most-awaited luxury mall Jio World Plaza finally opened its doors to the public on November 1. The grand opening on October 31 with a star-studded fashion show including the likes of Karishma Kapoor, Alia Bhatt, Karan Johar and more announced the news to the world. The interiors of the mall are in sync with international standards. Nestled in Mumbai’s BKC, this new mall is designed as an exclusive hub for retail, leisure, and dining and spans  750,000 square feet, housing 66 luxury brand boutiques. You can find the likes of Cartier, Panerai, Coach Balenciaga, Tory Burch, YSL and Versace within the premises. In addition, many international brands will be making a presence at the mall including Balenciaga, the Giorgio Armani Café, Pottery Barn Kids, Samsung Experience Centre, EL&N Café, and Rimowa. And also flagship stores of Louis Vuitton, Gucci, Cartier, Bally, Giorgio Armani, Dior, and Bulgari. For Mumbai’s shoppers, it’s also an opportunity to visit inaugural stores of brands such as Valentino, Tory Burch, YSL, Versace, Tiffany, Ladurée, and Pottery Barn.
Kylie Jenner is launching a fashion line named Khy
KHY By Kylie
Photo Courtesy: KHY
The youngest Kardashian-Jenner sibling, Kylie Jenner, is expanding her business portfolio with her newly launched fashion line, Khy. Aimed to be an accessible collection, the first glimpse of the clothing line spans across faux leather jackets, dresses and trench coats and in hues of black. While the jacket is priced at INR 10,200 the trench coat is priced at INR 17,500. Truly accessible at its core.
Montblanc auctions the  Montblanc Ferrari Stilema SP3 At The Ferrari Gala
Montblanc Ferrari Stilema SP3 Unique Piece - Ferrari Gala Auction
Photo Courtesy: Montblanc
Nothing says luxury news as much as a jaw-dropping auction. Recently, Montblanc participated in the Ferrari Gala charity auction hosted at The Shed in New York City, where the brand presented a unique version of the Montblanc Ferrari Stilema SP3 writing instrument. The one-of-a-kind pen fetched $100,000 at auction, surpassing its standard retail price of around $30,000. While the design of this writing tool adhered to the sleek, monolithic aesthetics of the original Montblanc Ferrari Stilema SP3 model, this exclusive edition featured a notable change: the original red accent colour was substituted with a striking shade of yellow.
Sarita Handa Now joins hands with the Danish brand Wendelbo
Sarita Handa Now X Wendelbo
Photo Courtesy: Sarita Handa Now
In the home décor space, just ahead of the festive season, Sarita Handa Now has collaborated with Danish brand Wendelbo to introduce a captivating capsule collection of contemporary furniture that epitomizes the essence of subtle, refined opulence. Spanning modern-inspired sofas, and armchairs with impactful linearity, muted tones and exquisite fabrics from the Sarita Handa Now textile collection. Each piece of the furniture collection showcases a powerful visual identity making it a luxe addition to a home.
“At Sarita Handa, we are constantly in pursuit of curating designs that transcend borders and design paradigms but exude an understated luxury poised with grace. With this alliance, we are ushering in a broader cultural aura by showcasing our finest and newest materials, highlighting clean lines in minimalist sentiments for the modern consumer,” says Suparna Handa, Managing Director, Sarita Handa.
Taylor Swift is now a billionaire
Luxury news
Photo Courtesy: Getty Images
With a net worth of $1.1 billion, Taylor Swift is the latest billionaire. Her billion-dollar status is entirely derived from her music and performances, especially her “Eras” tour, which was a big hit in the US. This tour is expected to make around $2.2 billion from ticket sales in North America alone, breaking all records.
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