Piaget CEO: Brexit Presents Opportunity

The video discusses the impact of a low pound on UK tourism, the Swiss watchmaker's response to Brexit, and the effects of European terror attacks on business. It also covers challenges in the Chinese and Hong Kong markets, highlighting the shift in consumer behavior and market growth in China.

What is one potential short-term effect of a low pound on the UK economy?

• Surge in foreign tourists

• Rise in export costs

• Decrease in tourism

• Increase in domestic spending

How might Swiss watchmakers respond if the pound remains low?

• Increase prices in the UK

• Decrease prices globally

• Stop exporting to the UK

• Focus on the EU market

What is a possible consequence of terror attacks in Europe on tourism?

• Increase in European tourism

• Shift of tourists to other regions

• Higher sales in France

• More tourists visiting Nice

What is a current trend in the Chinese market according to the transcript?

• Decrease in local market development

• Increase in Chinese buying abroad

• Growth in local market purchases

• Decline in store quality

How is the Hong Kong market described in terms of consumer quality?

• Improving significantly

• Unchanged from previous years

• Remaining stable

• Declining compared to the past