25 March 2024
Why It Matters: 'Rebuilding Loyalty', how Gen Z and millennials are set to spark luxury revolution in Asia
Approximately US$2.5 trillion is expected to be transferred to the next generation by around 70,000 high-net-worth individuals in Asia-Pacific (APAC) over the next decade. And Millennials and Gen Z are projected to dominate 70 percent of the global luxury market spenders by 2025.
So how will this set to impact the region’s luxury retail landscape and consumer spending behaviour?
Jess Tang, Senior Consultant of APAC, WGSN tells us more.

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Listen To Her Previous Podcasts:

10 January 2022
Why It Matters: WGSN predicts top trends in consumer behaviour and product development for 2022 and beyond
WGSN, the global authority on trend forecasting, has released the top trends in consumer behaviour and product development for 2022 and beyond. Informed by WGSN’s unique methodology, the top trends reveal the future of tomorrow, today. Jessica Tang, Senior Consultant of APAC, WGSN shares some of the key trends and developments that will emerge in Asia for 2022 and how innovative businesses in the region are driving these trends.

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