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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Fresh off Cannes, designer Nitika Gujral flags rising costs, weaker NRI demand as luxury fashion faces pressure

According to Gujral, the brand has witnessed nearly a 60 per cent decline in NRI visits during the current wedding season, affecting demand for high-ticket couture purchases. Summertime traditionally sees a large influx of overseas Indians travelling to India for wedding shopping, but that trend has weakened considerably this year.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/luxury/fresh-off-cannes-designer-nitika-gujral-flags-rising-costs-weaker-nri-demand-as-luxury-fashion-faces-pressure/131758304
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