• The global luxury industry has been significantly impacted by the onset of the COVID-19 pandemic. • Bain and Company predicts that the global personal luxury goods market is set to contract between 20 – 35% in 2020. • The pandemic is likely to usher in a major change in...
Dr. Dina Khalifa, Lecturer in GCU, London notes that COVID-19 is not likely to impact the consumption of High-Net-Worth individuals, though it will affect the HENRYs. This is attributed to the fact that consumers compensate for their perceived loss of control by engaging in conspicuous consumption as a means to...
India Business & Trade is a thought leadership initiative of the Trade Promotion Council of India, a premier trade promotion body recognised by the Department of Commerce, Government of India.
India Business & Trade
M-62, Saket, New Delhi-110064, India
Stay ahead in the dynamic world of trade and commerce with India Business & Trade’s weekly newsletter.
Copyright © 2026 India Business & Trade. All Rights Reserved
