“Developed Markets: New paths for growth?”
On November 24,2011, the International Luxury Business Association organized the third edition of the ‘Luxury Outlook’, an event that has become a ”must” of the year end period: a full morning devoted to in-depth analysis of a hot topic of interest to the luxury professessionals.
Indeed, the 2008 financial downturn and its consequences still make front page news, yet it is commonly admitted that the luxury sector is recession proof. True, overall, the luxury business benefits from the prosperity of a number of emerging markets and this allowed strong performances in 2011. However, is this reason enough to ignore markets which were and still remain important pillars of this sector? Are they doomed to erosion or can they represent growth potential in the medium range? And under which conditions? Ipsos Presentation was derived from the latest results from the “World Luxury Tracking”
Here are some of the specific questions that have been addressed during the meeting: how to conquer and foster the loyalty of the “Ultra-Wealthy” Americans whose numbers keep increasing? How do German customers relate to luxury and what does that relationship imply for brands? Is the Japanese younger generation going to take over from their elders or have they completely shifted away from the consumption of luxury products?
With the support of its traditional partners, Ipsos and Boston Consulting Group, and the contribution of high-level professionals, the International Luxury Business Association offered a cross analysis of three major markets which are challenging the industry’s professionals in various ways:
USA – Germany – Japan
To review the program, click here To contact us: contact@luxurybusiness-asso.com