The Indian market's embrace of luxury pret is not just us fashion publications talking the talk, the proof is in the numbers. Burgeoning disposable income among individuals from not just tier 1 but also tier 2 and 3 cities has provided luxury retail with a significant boost. According to a report by Statista, revenue in India's Luxury Goods market amounts to ₹63,180 crores in 2023. The market is expected to grow annually by 3.59 per cent (CAGR 2023-2028). Among the well-heeled, increasing attention towards pret or ready-to-wear brands and collections hints at a taste for accessible opulence, where craftsmanship and quality take precedence over flashy logos.
ELEVATED EVERYDAY
The latest in the line of established couturiers to foray into ready-to-wear is Gaurav Gupta, by way of his Autumn/Winter 2023 collection. What's interesting is that he actually started out with ready-to-wear after graduation, and then expanded his couture universe to a point where he became synonymous with his otherworldly sculptural creations. Rahul Mishra had a similar trajectory; he showed pret at Paris Fashion. Week for 13 seasons until he became globally known for his phenomenal contributions to haute couture. Last Paris Fashion Week in September was a homecoming of sorts for Mishra, where he staged the first runway show for AFEW, the new RTW offshoot born out of his 40:60 joint venture with Reliance Brands Limited (RBL).
Denne historien er fra December 2023-utgaven av Grazia India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 2023-utgaven av Grazia India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Under The Needle
With filler-face phasing out, we are embracing the natural aesthetic but not how you might expect it
BUILDING A LEGACY
Driven by passion and a commitment to quality, this brand is making a mark in the luxury furniture market with a perfect blend of local artistry and global design
A WALK DOWN FIFTH AVENUE
From high fashion to historic landmarks, this coffee table book explores how Fifth Avenue became the heartbeat of New York's cultural and social scene
NO SEX, MO' PROBLEMS?
At a time when sex seems to be everywhere, women are experiencing a dip in their sexual desires. We find out why
MORE THAN IT SEAMS
Who says lace can’t be hewn from leather? Or that paper can’t sit on the body like a weathered old sweater? In a time of rampant production and boundless creativity, is material the final frontier for designers? When all else seems lost to the algorithm, fashion’s deceptive ingenuity requires us to look a little closer
TABLE FOR ONE, PLEASE
In a world obsessed with couplegoals, here’s why taking yourself out for a date might just be the ultimate love story
THE DREAM CANVAS
In the city that wholeheartedly embraces its role as a global cultural hub, the second edition of Art Mumbai promises to redefine creativity and innovation
SPRING FORWARD
Of hits, misses, and everything in between this season at Lakmé Fashion Week x FDCI
LUST-WORTHY LUXURY LABELS
To Light Up This Wedding Season
ICONIC DESIGN MEETS A MOBILE FUTURE
The new Dell XPS is designed for new age content creators and suave C-suite