Piaget CEO Seeks Pockets of Strength in Asia

The transcript discusses the company's success in the Middle East due to significant investments and growth, particularly with local clients. It highlights the strength of Asian markets, especially China, which is growing for luxury brands. Despite challenges in Hong Kong and Macau, China's local market is developing, with incentives for consumers to buy locally. The impact of oil prices on Middle Eastern clients is also explored, noting no adverse effects from price drops and emphasizing the importance of these markets.

What factors contribute to the growth of luxury brands in China?

How has the quality of consumers in Hong Kong changed according to the text?

What incentives do Chinese consumers have to buy locally?

What impact did the drop in oil prices have on Middle Eastern clients?

What is the significance of investing in the Middle Eastern markets according to the text?