New Delhi, After success in Paris, Moscow, Istanbul, Dubai and Hong Kong, International Herald Tribune's (IHT) eighth annual conference on "the global business of luxury" will be held here Dec 3-4.

Following its inception in Paris in 2000, this conference targets emerging markets where international luxury businesses are growing in strength.

"India is a unique marketplace for luxury and its heritage and culture of exceptional objects goes back in an unbroken line to the Mughal era," IHT's fashion editor Suzy Menkes said in a statement.

"Yet at the same time, modern India brings a feisty, entrepreneurial spirit both in creating and selling fine goods.

"India also relies on its own exceptional craftsmanship, which, in turn, is used by international designers as an important resource," she added.

The events at the capital's Imperial Hotel offer delegates an opportunity to debate the latest business developments and trends and help them to network with peers from around the world to build their business.

This year's IHT conference is entitled Sustainable Luxury and will focus on three key areas: how to sustain brands in an increasingly crowded market, how to sustain profitability in a challenging economic environment and how to sustain environmental performance throughout the supply chain.

Conference topics include slow fashion, the power of green, craftsmanship in India and strategies for international companies doing business in India.

Speakers will include big names like Hollywood diva Elizabeth Hurley, Indian designer Manish Arora and presidents and managing directors of luxury brands to creative directors, designers and suppliers to the industry.

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