High streets have become the top choice for luxury brands in India, with over 100% year-on-year growth in leasing in 2023, according to CBRE data. Malls remain the second most preferred category, with 300% year-on-year growth. Luxury brands are aggressively seeking new avenues to attract both seasoned and aspiring luxury consumers in India. The surge in leasing has been accompanied by the entry and expansion of various international luxury brands across different locations.
Luxury retail leasing soars: High streets reign supreme with over 100 per cent Y-o-Y growth, reveals CBRE report
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Entertainment segment leasing in 2023 surges 179% YoY on shifting leisure preferences, says CBRE
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Entertainment segment leasing surges across 7 Indian cities in 2023, reflecting shifting leisure preferences
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Mumbai (Maharashtra) [India], September 26 (ANI/PRNewswire): The 18th annual MAPIC India 2022 (formerly India Retail Forum), organized by RX Global recognised the excellence of India's most outstanding retail achievers and tech innovators at the two day convention focusing on showcasing the future of retail digitech solutions to decision-makers and witnessed great participation. The awardees are scouted after a thorough process of evaluation, encompassing a 13 member jury panel. With a great mix of expertise, the members of the jury have proven mettle and span a rich heritage to select and honor the most admired retail and tech brands at MAPIC India Retail Awards 2022. Over 40 prestigious brands were recognised for their contribution in the retail world. The prestigious 13 member jury team included Dalip Seghal (CEO, Nexus Malls), Shibu Philips (Director, Lulu Shopping Malls), Pushpa Bector (Executive Director, DLF Malls), Harsh Bansal (Co-Founder, Unity Group and Vegas Mall), Yoge