Tag Heuer CEO Sees Luxury Goods Boom From Travel Decline

The transcript discusses the pricing power in the luxury watch sector, highlighting the growth in demand for luxury goods, especially in the U.S. and China. It explores the investment value of luxury watches and the impact of crypto wealth on the luxury market. The potential of blockchain technology and digital ownership in revolutionizing the luxury industry is also examined.

What is one reason for the decreasing volume of traditional watches over the past decade?

• Decline in consumer interest

• Lack of innovation in design

• Higher production costs

• Increased competition from digital devices

Why did the demand for luxury goods increase during the pandemic?

• Experiential luxury options were limited

• People had more disposable income

• There was a global economic downturn

• Luxury goods became more affordable

Which two markets are identified as the strongest for luxury goods?

• Australia and Canada

• India and Brazil

• United States and China

• Europe and Japan

What is a key factor that makes luxury watches appealing as investments?

• Their limited availability

• Their high initial cost

• Their ability to retain value over time

• Their association with celebrities

Which TAG Heuer watch model is mentioned as having a strong waitlist?

• Formula 1

• Monaco

• Aquaracer

• Carrera

What technology is believed to revolutionize transparency in the supply chain?

• Augmented Reality

• 3D Printing

• Blockchain

• Artificial Intelligence

What is a potential risk associated with investing in digital assets?

• Lack of market interest

• High transaction fees

• Speculation and bubbles

• Limited technological support