How Matches Fashion Avoided the Luxury Retail Slump

How Matches Fashion Avoided the Luxury Retail Slump

Assessment

Interactive Video

Business

University

Hard

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The video discusses the global nature of a luxury brand business, highlighting that 82% of its operations are outside the UK, with the US as its largest market. It addresses supply chain strategies, particularly in light of Brexit, and the establishment of a customs warehouse to mitigate potential impacts. The discussion also covers currency impacts, with a focus on dollar and euro transactions. The luxury goods market is growing, especially online, with a forecasted increase in online sales by 2025. The video emphasizes the importance of customer experience and discovery in the luxury market.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the business view the impact of currency changes on its operations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends are observed in customer behavior regarding luxury goods?

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