Channel NewsAsia
AsiaPac · 11 days ago
✦ 75◉ Centre
Saint Laurent CEO admits brand must do more to retain luxury shoppers
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Quality 75/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Saint Laurent's CEO acknowledges the brand has concentrated resources on its most affluent customers while neglecting mid-tier aspirational shoppers during the recent luxury market downturn.
Saint Laurent CEO admits brand must do more to retain luxury shoppers
Cedric Charbit says Saint Laurent has focused heavily on its wealthiest clients, while aspirational customers have fallen through the cracks during the luxury slowdown.
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