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":"de4ac4a797942be104445b2515e3c4b5","s":"af0432a33464bffd"}