From Gucci To Louis Vuitton, Why Top Luxury Brands Are Seeing A Slowdown In India | ExplainedIndia’s luxury market is showing a more selective pattern in FY25, with leading global fashion houses such as Gucci, Christian Dior and Louis Vuitton reporting softer revenue growth or declines in their India businesses. At the same time, Hermès has moved in the opposite direction, highlighting a clear divide inside India’s premium retail segment. Watch full report.

Source: Mint March 12, 2026 14:13 UTC