Knowledge Center: Publication

Asia Pacific

Solving China's luxury executive talent puzzle

Subscribe to Asia Pacific 11/30/2011

China is the third-largest luxury economy in the world and is about to become the biggest, overtaking the United States and Japan. Yet just 15 years ago, luxury was almost non-existent in China.

While luxury has become ubiquitous and a massive industry in China with annual growth exceeding 50 percent for many brands for several years, luxury talent is more than ever a rarity.

The luxury industry is faced with a serious bottleneck. The talent pipeline has not kept up with the growth. In contrast, the fast-moving consumer goods (FMCG), industrial, and hospitality industries started blossoming much earlier in China and grew my more moderate growth rates, allowing these sectors to build talent.


Knowledge Center

Bolstering talent and leadership in infrastructure asset management
Building a quantamental investing team
Shakespeare's Lessons on Leadership Event Series
Asia Pacific disrupted: Winning capabilities for uncertain times
Article Case Study Expert Guidance
Publication
Event
Video
See All