State of Asian Luxury Market with Bloomberg
Daniel Langer, CEO of Equite Consulting and professor of luxury strategy at Pepperdine Graziadio Business School, says luxury brands will continue to enjoy "quite a significant increase" in China for the next couple of years.
“We have a very young audience that is coming into the market and it’s one of the youngest for luxury when compared to other markets,” said Langer. “There’s also an increased wealth in the country, so I’m very convinced that the strong growth is going to continue.”
Watch the full interview on Bloomberg.