Bulgari Welcomes Brexit Gains From London Luxury Buyers

The transcript discusses the impact of the Brexit vote on luxury buyers in London, highlighting how the devaluation of the pound has attracted more tourists from Europe. It also covers the company's strong performance in China, driven by government policies encouraging domestic consumption. The brand's global strategy is examined, noting shifts in tourist demographics and market dynamics.

How has the Brexit vote influenced luxury buyers in London?

• It has decreased the number of luxury buyers.

• It has attracted more luxury buyers due to the weaker pound.

• It has had no impact on luxury buyers.

• It has led to a decrease in tourism.

What is the primary reason for the shift in tourist destinations to the UK?

• The devaluation of the pound making the UK more attractive.

• Increased marketing efforts by the UK.

• New tourist attractions in the UK.

• Better weather in the UK.

How has the shift in tourist destinations affected the luxury market in the UK?

• There has been no change in the luxury market.

• The luxury market in the UK has declined.

• The UK has gained luxury buyers at the expense of other European countries.

• The UK has lost luxury buyers to other countries.

What is the Chinese government doing to influence domestic consumption?

• Encouraging citizens to travel abroad.

• Promoting foreign luxury brands.

• Fostering more domestic consumption.

• Reducing import taxes on luxury goods.

How are luxury brands benefiting from China's domestic consumption policy?

• By opening more stores in Europe.

• By reducing their workforce.

• By taking advantage of increased domestic demand.

• By focusing on online sales.