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Monday, December 23, 2024

The Luxe Maison eyes £100 million turnover in three years

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Multi-brand global luxury fashion retailer The Luxe Maison is eyeing £100 million in turnover in the coming three years. The e-tailer has launched a range of up-and-coming global labels in the Indian market from countries including Egypt, Serbia, and Denmark.

The Luxe Maison aims to bring global labels to Indian shoppers – The Luxe Maison- Facebook

“TLM was born from an international spirit and we intend to conquer a global audience,” said The Luxe Maison’ founders Aashumi Mahajan and Niyoshi Shah in a press release. “We’re on an accelerated growth path, constantly evolving and expanding our reach. Our vision is clear: to lead the charge in the e-commerce revolution in Asia, making TLM synonymous with cutting-edge style, innovation and collection curation.”
 
The business reported a 60% gross margin in 2023 and doubled its sales total. This year, it expects to see similar growth levels.
 
The Luxe Maison retails a number of international labels exclusively in the Indian market and has a curated selection of more than 150 premium brands. These include Hode Studio and Turana Atash from the UK, Joanna Andraos from Lebanon, Kwelaku from Nigeria, Tarik Ediz from Turkey, Marcel De Cala from Spain, and Matsour’i from Germany.
 
“The idea is to puts the most incredible luxury within reach of those who love and dream of it,” said Mahajan and Shah. “Maintaining a unique, differentiated offering of exclusive brands is what helps us achieve this. Customers like to feel like they’re curating their own lifestyles and we provide exactly that. We deploy the treasures of providential luxury for a community of over 300,000 shopaholics.”
 

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