LVMH, the conglomerate that owns iconic brands like Louis Vuitton, Dior, and Moët & Chandon, has reported a 15% rise in luxury sales across India. The figure signals a steady upward trend in the country’s high‑end market, a sector that has been expanding faster than many of its peers. For readers who follow global luxury dynamics, this news offers a snapshot of how India is shaping the industry’s future.
LVMH was founded in 1987 by Bernard Arnault, and today it operates in more than 70 countries. Its portfolio covers fashion, leather goods, cosmetics, perfumes, wines, spirits and watches. The conglomerate’s revenue streams are diversified, but the Indian market has become a key destination for premium shoppers seeking both heritage and contemporary appeal.
India’s luxury landscape has grown in tandem with a rising middle class that now has a larger disposable income. Urban centres like Mumbai, Delhi, Bengaluru and Hyderabad are hubs where affluent consumers spend on branded apparel, accessories and fine wines. The country’s population of over 1.4 billion means even a small percentage of high‑spending households translates into a large revenue base.
Breaking down the 15% growth, LVMH’s fashion and leather division saw a 13% jump, while its perfume and cosmetics segment grew by 11%. The wines and spirits arm recorded an 8% increase, and the watches and jewelry category rose by 9%. These gains reflect a balanced performance across product lines rather than a single category driving the surge.
Several forces have pushed this upward trend. First, an expanding pool of consumers who view luxury as a marker of status and personal achievement. Second, the rise of digital channels has made high‑end products more accessible through online marketplaces and branded apps. Third, celebrity endorsements and social media influencers have amplified brand visibility, especially among younger shoppers who value authenticity and storytelling.
LVMH has also adapted its approach to fit the Indian context. In 2022, the group opened flagship stores in Mumbai’s Colaba Causeway and Delhi’s Khan Market, creating immersive brand experiences that blend heritage with local aesthetics. The conglomerate has partnered with regional e‑commerce platforms to offer curated selections, and it has launched exclusive editions that feature Indian motifs, appealing to a sense of national pride.
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