APAC Luxury Industry Series Update: Travel Rebounds While Goods Decline
3.6k Views16 Jul 2024 07:55
SUMMARY
- This is the final installment in our series on the APAC Luxury Industry, where we highlighted that luxury travel might offer more appealing opportunities than traditional luxury goods.
- While travel has surpassed pre-pandemic levels, traditional luxury goods have shown very low demand in recent months.
- Below, we analyze recent trends in luxury travel for Mandarin Oriental International (MAND SP), Minor International (MINT TB), and Shiseido Company (4911 JP).
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