🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Saket Sambhav

 • 

ADJUVA LEGAL® • 1m

Gucci Sued for ₹1 Crore Over Shoes! 👠👟 Big Brands, Bigger Responsibilities? Just read about a Mumbai advocate filing a ₹1 crore consumer complaint against Gucci, alleging defective shoes caused injury and trauma. A pretty bold move! Definitely makes one think: ✅ Consumer Rights are REAL: This case shows that no brand, luxury or otherwise, is above the law when it comes to product 'quality and safety'. ✅ Premium Price = Premium Duty: If you're paying too much for a luxury item, shouldn't a higher standard of quality and care be a given? ✅ Beyond the Product: The claim isn't just for the shoe cost, but ₹1 crore for alleged injury, mental agony, and trauma. Speaks a lot about the real-world impact defective products can have. ✅ Power to the Consumer: A good reminder of the options available through consumer courts to seek redressal. What's your take? Do luxury brands face enough scrutiny for product defects? News source is attached...

Reply
1

More like this

Recommendations from Medial

Image Description

CA Kakul Gupta

Chartered Accountant... • 2m

The Government of India has revised the investment and turnover limits for MSME classification. As per the latest notification, the new limits are: Investment criteria ✅ Micro Enterprises: Up to ₹2.5 crore (earlier ₹1 crore) ✅ Small Enterprises

See More
1 Reply
7
Image Description
Image Description

Chamarti Sreekar

Passionate about Pos... • 5m

These pair of old sandals just sold for 1.8 crore rupees. You might think these don't even look like luxury designer shoes or rare sneakers. So why did someone pay 1.8 crores for them? Because these sandals were worn by Steve Jobs. Let me tell

See More
7 Replies
3
16
Image Description
Image Description

Mahendra Lochhab

Content creator • 1y

Lenskart's Peyush Bansal, Dhanuka family members buy luxury apartments worth Rs 100 crore at DLF's The Camellias.

5 Replies
6

ratan

Idk just curious abo... • 2d

There's only one probabilistic definitive view point we can come across when analysing what product would be successful, that is:- When a consumer comes across a product, he consciously or sub consciously decides where the product fits in the consum

See More
Reply
4
Image Description

Aarihant Aaryan

Prev- Founder & CEO ... • 1y

Ethos a B2B "luxury" watch company does 1000 crore in revenue, their revenue comes from jus 500 ultra rich families. Their stock has gone 2.2x from their listing date :) The luxury market does exist in India.

1 Reply
12

Only Buziness

Business enthusiasti... • 25d

“The Pricier, the Better: How the Veblen Effect Drives Luxury Brand Obsession” The Veblen Effect is a psychological phenomenon where demand for a product increases as its price rises—because the high price signals status, not just value. Luxury bran

See More
Reply
7

Vivek Aakash

"I help startup buil... • 4m

Merely building a product based on some personal intuition is a bad product strategy. It is not important that we are building something. It is even more important that we are building - ✅ The right product or feature  ✅ for the Right Problem to

See More
Reply

Download the medial app to read full posts, comements and news.