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How to succeed in the next 15 years?<br />

Worldwide Luxury Goods Market trend<br />

(indexed 1995)<br />

400?<br />

100<br />

1995<br />

223<br />

2010<br />

2025F<br />

What you have to get right<br />

• China (as a symbol for all<br />

emerging markets)<br />

- Penetration<br />

- Route to market<br />

- Tailored value proposition<br />

• Generational shift<br />

- Baby-boomers retirement<br />

- Japanese teenagers<br />

- Generation Z (always<br />

connected)<br />

• Enhanced customer<br />

experience<br />

- Low loyalty and<br />

satisfaction<br />

- Integrated online and<br />

offline experience<br />

- Service<br />

17

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