7 Questions for The Luxury Institute’s CEO on the State of Market in 2019
We caught up with Milton Pedraza, CEO and Founder of veteran business consultancy The Luxury Institute, to discuss the state of the industry in 2019.
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- What were your report's most important findings on Chinese luxury consumers?
- Do you expect to see a widening gap between winning and losing luxury brands this year?
- Do you see any reliable signs that Chinese luxury goods spending will slow down?
- Any market growth prediction for 2019?
- Do you see the luxury travel market surpassing the goods market someday soon?
- What strategies should luxury brands adopt to cater to these sophisticated luxury travelers from China?
- Name one area that luxury brands need to improve on significantly in 2019.
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