Cowen's Oliver Chen: China a Big Deal for Luxury

The video discusses the evolution and strategies of luxury brands like Tiffany and LVMH, highlighting innovation and market trends. It explores changing consumer behaviors, economic impacts, and the significant role of China in the luxury market. The transformation of department stores and the importance of craftsmanship in fashion are also covered.

What role does Tiffany play in the luxury market according to the text?

How has consumer behavior towards luxury goods changed recently?

What is meant by 'stealth wealth' as discussed in the text?

What does the term 'K-shaped recovery' refer to in the context of consumer spending?

How is the luxury market in China described in the text?

What challenges are department stores facing in the current market?

What strategies are suggested for Macy's to attract younger customers?