Half of the existing luxury brands today likely will not survive by 2030. They must deliver a best-in-class performance or risk becoming obsolete to Gen Z. Image credit: Shutterstock Will Gen Z break up with your luxury brand?
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Marketing | No Comments
Half of the existing luxury brands today likely will not survive by 2030. They must deliver a best-in-class performance or risk becoming obsolete to Gen Z. Image credit: Shutterstock 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","iv":"6e5f94013d839e99c893c72b0839cb0d","s":"55cfa77462643fd6"}