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Breitling – Andreas Holzmueller and Luke Chapman (Partners Group), (S2.EP.08)
Private Equity Deals with Capital Allocators
The Role of Price in the Luxury Watch Industry
Luxury industry has proven to be very resilient through many different economic cycles. We're not addressing a broad cross-section of the consumer, we're addressing actually a very narrow segment of households who are spending on average above $5,000 on a watch. The reasons for that consumer making that purchase decision are not uncorrelated, but certainly less correlated to the macroeconomic environment.
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