WorksheetsBusiness of Luxury
Total questions: 18
Worksheet time: 25mins
Which is the largest luxury market in Asia?
India
Japan
Singapore
China
Which country is home to the second-largest number of UHNWIs in Asia, which is
expected to grow by more than 12 percent from 2023 to 2028
China
Japan
India
Singapore
Which iconic Parisian department store has recently set up shop in Mumbai and Delhi?
Hermes
Harrods
Macys
Galeries Lafayette
What is the primary factor driving the growth of the luxury market in Asia?
Online shopping trends
Brand collaborations
Rising disposable income
Increased tourism
Which luxury brand is known for its flagship store located in Tokyo's Ginza district?
Chanel
Gucci
Louis Vuitton
Dior
Which of the following is NOT a luxury resale platform?
MyTheresa
Real Real
Vestaire Collective
Farfetch
Which country expresses the highest amount of skepticism around luxury resale
(a)
Describe the typical Korean consumer in 1-2 words?
What is driving the demand for quiet luxury in China?
Consumption of luxury goods in China is linked highly to reputation or saving face, also known as...
(a)
Which one of the following is NOT a Chinese social media network?
Douyin
Little Black Book
Little Red Book
In Japan, the concierge style strategy to engage a new luxury consumer is called
(a)
In Japan, the pursuit of perfection or a relentless attention to detail is called
Mottanai
Shokunin
Kodawari
Takumi
State 3 ways in which luxury brands have led with a market specific strategy in Korea?
Name 3 key markets of Saudi
Give 3 brands that are looking to launch in Saudi in 2025 and where?
Name 3 Chinese creative fields which fall under the umbrella term "Hallyu" in Korea
Name 3 of the largest luxury conglomerates (umbrella brands) and 2 brands which they own, each
