Breitling – Andreas Holzmueller and Luke Chapman (Partners Group), (S2.EP.08)
Private Equity Deals with Capital Allocators
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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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