DFS benefited from the gradual recovery in worldwide journey and, specifically, from the return of tourists to flagship destinations Hong Kong and Macao. The Maison announced its plans to open a model new Galleria on the island of Hainan in China by 2026. Le Bon Marché, which is growing steadily, continued to develop revolutionary ideas and profit from a loyal French buyer base in addition to the return of worldwide vacationers. This marriage ceremony season, brides are favoring vintage and jadau jewelry, driving up gold prices and pushing common budgets to Rs 10 lakhs from the previous Rs 5-7 lakhs. Mumbai’s Zaveri Bazaar reports a surge in heavy jewellery demand, particularly for jadau items.
Other manufacturers, like Prada and Monica Vinader, have additionally started using recycled metals. But some business observers warn that these materials can seem more virtuous than they could actually be. By working with metals which have …