Style summit of brands, their bosses
The first Hindustan Times Luxury Conference that kicks off on January 13 in Mumbai's Taj Mahal Hotel and Tower will see the who's who of the luxury business from around the world converge on the city.india Updated: Jan 04, 2006 14:12 IST
The first Hindustan Times Luxury Conference that kicks off on January 13 in Mumbai's Taj Mahal Hotel and Tower will see the who's who of the luxury business from around the world converge on the city.
The two-day conference, being organised in association with the Federation of Indian Chambers of Commerce and Industry (FICCI) and National Institute of Design, will be inaugurated by minister of commerce and industry Kamal Nath.
The first of its kind to be held in the country, the Hindustan Times Luxury Conference will be attended by chairmen and CEOs of various luxury houses from Gucci's group president & CEO Robert Polet (the group's labels include Gucci, Yves Saint Laurent, Bottega Veneta, YSL Beaute, Boucheron, Alexander McQueen, Stella McCartney, Balenciaga, Sergio Rossi, Bedat & Co and Roger & Gallet) to Ermenegildo Zegna CEO Paolo Zegna.
Others who've confirmed attending the conference include, Conde Nast managing director Nicholas Coleridge, Oberoi Hotel group chairman PRS Oberoi, Asprey & Garrard group CEO Gianluca Brozzetti, Poltrona Frau, vice chairman Matteo di Montezemolo and Jimmy Choo CEO Robert Benssoussan.
Cartier MD Patrick Normand, GM of AEFFE Fashion Group (which owns labels such as Gaultier, Pollini, Moschino and Feretti) Alessandro Ferreri, Villa Moda's Chairman Sheikh Majed Al-Sabah and Secretary-General Altagamma Armando Branchini will also be present.
The Hindustan Times Luxury Conference comes at a time when disposable incomes are on the rise and Indian consumers -- especially in metropolitan cities such as Mumbai, Bangalore and New Delhi -- are likely to spend a proportion of their incomes on high-end products.
Already several prominent luxury brands - Vuitton, Chanel, Bvlgari, Zegna, Boss, Moschino, Hilfiger, Aigner - have an Indian presence. Many other prestigious luxury houses such as Versace, Trussardi, Dior and Kenzo are considering their foray into the Indian market.
Speaking of the conference, HT Media's Vice Chairperson and Editorial Director Shobhana Bhartia said, ``Hindustan Times has always prided itself in spotting emerging trends. The Hindustan Times Luxury Conference has been initiated to recognise that today's young urban population in India are aware of global trends in the lifestyle segment and are gradually going in for high-end branded products, which till recently were seen as elitist.''
The conference will address various topics relating to high-end branded products through seminars and panel discussions and will have an invited audience comprising bureaucrats, businessmen and fashion professionals.