Understanding the Luxury Market
The luxury market is undergoing significant changes. Altagamma highlights the evolving dynamics between top-tier clients and aspirational consumers. Multi-brand retailers, especially those dealing in clothing and leather products, are currently facing a crisis. However, sectors like beauty and watches continue to thrive. This shift prompts brands to rethink their strategies.
Emerging Markets: India and Thailand
Countries like India and Thailand show great potential for luxury brands. These markets are expanding rapidly, offering new opportunities for growth. Brands need to tailor their approaches to cater to the unique preferences of these regions.
