In 2025, luxury brands in India experienced mixed results, with Gucci and Louis Vuitton reporting falling revenues while Hermès thrived. Economic uncertainty and inflation affected consumer spending, leading to a preference for heritage goods over fast-fashion items, according to industry experts.
In 2025, luxury brands in India experienced mixed results, with Gucci and Louis Vuitton reporting falling revenues while Hermès thrived. Economic uncertainty and inflation affected consumer spending, leading to a preference for heritage goods over fast-fashion items, according to industry experts. by Soban News (international And National News)