{"id":208016,"date":"2016-04-11T13:16:06","date_gmt":"2016-04-11T13:16:06","guid":{"rendered":"http:\/\/13.233.130.183\/?p=208016"},"modified":"2016-04-11T13:16:06","modified_gmt":"2016-04-11T13:16:06","slug":"luxury-across-emerging-markets-india-best-of-brics-2","status":"publish","type":"post","link":"https:\/\/abhaygupta.in\/writing\/luxury-across-emerging-markets-india-best-of-brics-2\/","title":{"rendered":"LUXURY ACROSS EMERGING MARKETS: INDIA \u2013 BEST OF BRICS"},"content":{"rendered":"<p><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">Despite economic slowdowns across the world, the size of the global luxury market is estimated to be around 2 trillion USD.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">The BRICS region, more specifically China and India, have been in the spotlight for the past few years. However, last year, the luxury industry in China faced many challenges related to luxury consumption, regulatory issues, tariff structures, currency reasons and a severe clamp down on the \u2018gifting culture\u2019. Stores opened in a hurry by brands across categories began to shut shop and the entire global luxury industry was severely affected.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result, many brands are once again back to recreating a fresh strategy canvas for future growth \u2013 and India could be a strong contender for the next luxury hotspot. Here\u2019s why. <\/span><a href=\"https:\/\/lcbs.edu.in\/blog\/luxury-across-emerging-market-india-best-of-brics-5cbt8\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Read full article click here<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">\u201cThis blog, authored by Mr Abhay Gupta, founder &amp; CEO, Luxury Connect &amp; Luxury Connect Business school, was also published by the Luxury Society, Paris as a 3 series report :<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Emerging Luxury Markets \u2013 is India best of Brics? Dated 11.04.2016 <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Emerging Luxury markets \u2013 India\u2019s ripe retail market. Dated 12.04.2016 \u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Emerging markets \u2013 Unravelling the Indian Maze. Dated 15.04.2016 \u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite economic slowdowns across the world, the size of the global luxury market is estimated to be around 2 trillion USD.<br \/>\nThe BRICS region, more specifically China and India, have been in the spotlight for the past few years&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":211858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107],"tags":[],"class_list":["post-208016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-indian-luxury-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>LUXURY ACROSS EMERGING MARKETS: INDIA \u2013 BEST OF BRICS - Abhay Gupta Writing<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/abhaygupta.in\/writing\/luxury-across-emerging-markets-india-best-of-brics-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LUXURY ACROSS EMERGING MARKETS: INDIA \u2013 BEST OF BRICS - Abhay Gupta Writing\" \/>\n<meta property=\"og:description\" content=\"Despite economic slowdowns across the world, the size of the global luxury market is estimated to be around 2 trillion USD. 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