Although UHNWIs continue to dominate the market, it is clear that the younger generations must not be overlooked. Seen here: Prada's fall.winter 2023 campaign. Image: Prada
Polarization strikes back for the luxury business
Posted By Luxury Roundtable Intelligence On In China,Columns,Marketing,News,Outlook,Research,Research,Retail,Retail,Strategy | No Comments
Although UHNWIs continue to dominate the market, it is clear that the younger generations must not be overlooked. Seen here: Prada's fall.winter 2023 campaign. Image: Prada
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","iv":"b4f1abb05ead5ba77d60a0df3e6c04d4","s":"0002ac69a83df7c8"}
