Giorgio Armani and Gucci clearly understand that strong brands make for profitable businesses. They are not merely selling fashion, they are selling an image: Something consumers are willing to pay a premium for. |
Socially and economically, India continues to develop at a galloping rate compared to the rest of the world. Indian consumers are enjoying greater spending power today than at any time in their recent history. Life continues to get better for Indians and consumer confidence is at an all time high. |
While Europeans remain cautious overall, many consumers seem to think economic confidence has either hit a plateau or increased slightly. |